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M&G grows wealth business via £2.5bn AUA adviser deal

News Team, 18/08/2021

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...


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