The latest mergers, acquisitions and other corporate actions in the wealth management sector.

One Four Nine Group
One Four Nine Group, a financial advice and fund management firm, has acquired Glasgow-based APC Financial Solutions & Consultancy Services, expanding the group’s footprint into Scotland and increasing AUM to around £650 million ($778 million).

According to the firm, the APC Financial Solutions & Consultancy Services team offer financial planning services across the investment and protection space. The firm, which is led by an all-female team, belongs to a group of Scottish firms that have earned the title of ‘Chartered Financial Planners’ from the Chartered Insurance Institute.

Further acquisitions are expected across the UK in 2022 after the group recently secured additional follow-on equity funding from Copper Street Capital, to facilitate its plans for scaling up and building a nationwide footprint.

Welcoming the move, Matthew Bugden, chief executive officer, said: “It is hugely satisfying to see our acquisition programme continue apace especially with the high calibre of firms and advisors, such as the APC team, wishing to join our colleagues.”

“I anticipate the market hearing more from us in the coming weeks and months as we continue to deliver on our strategic plans,” he added.