M&G is buying Sandringham Financial Partners, an IFA business it plans to roll into its new M&G Wealth proposition.
The acquisition will bring more than £2.5 billion of assets under advice to M&G, as well as relationships with around 180 advisers with 10,000 end-clients.
M&G Wealth was formed in September 2020 and the firm described it as “a powerful new force in the fast-growing market for UK wealth management services”.
On completion Hu...