Wealth manager Hurst Point Group, a Carlyle-backed subsidiary, has acquired wealth management and corporate solutions practice Helm Godfrey.

This acquisition should further the group’s aims to expand into major cities across the UK.

With approximately £1 billion of assets under advice (AUA) and £0.5 billion of assets under management (AUM), the acquisition of Helm Godfrey will bring Hurst Point’s overall AUA to approximately £5 billion and its AUM to approximately £5...