Opinions may differ about whether or not the UK wealth management sector is consolidating.
But the late Kevin Pakenham, who died suddenly on 19 July, will feature significantly in any future history on the subject.
For Mr Pakenham, or perhaps more accurately Pakenham Partners, the corporate finance advisory firm he launched in 2011, was involved in a plethora of mergers and acquisitions that focused on the sector.
These included Waverton Investment Management’s acquisition of Timothy James and Partners; the sale of Edinburgh-based Tcam Asset Management to Seven Investment Management; and Vestra Wealth Manage...