With its Russian former chief executive, Russian backing, rapid growth and a penchant for focusing on Tier 1 investor clients Dolfin Financial (UK) was certainly one of the more intriguing UK-based wealth management firms during its short existence, which effectively ended earlier this year.

The provenance of Britannia Global Investments (BGI), an operating unit of Britannia Financial Group (BFG), the firm that has just acquired a client book of around 280 Dolfin clients along with around £900 million of assets, is just as interesting.

”BFG is controlled by a long standing family with more than five centuries of hist...