British wealth manager Amber River has secured backing from US private equity firm Stone Point Capital to power its next growth phase.
Financial terms of the deal were not disclosed.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Penta Capital, the founding investor in the wealth manager firm, will stay on as a “key investor”.
Steven Scott, the founding partner of Penta Capital, described Stone Point’s investment as “a significant milestone” for the wealth manager.
“It also represents the next stage in the firm’s evolution and while progress to date has been impressive, we know there is a great deal more success to come and are delighted to remain invested in the business as it enters this exciting new chapter,” he noted.
Amber River currently oversees £13.6bn ($18.3m) in assets under management and administration and employs more than 330 independent financial planners, advisers, technical experts and investment professionals.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe group operates 13 regional wealth centres across the UK, along with two dedicated hubs for mortgage advice and investment management.
Amber River CEO Mary-Anne McIntyre said: “Today, we have become one of the leading financial planning firms in the UK supporting around 80,000 clients. Our success has come from creating the go-to Group for entrepreneurial firms and individuals who have a passion for looking after their clients and believe in the power of shared ownership.
“We are thrilled to enter our next phase of development and growth with Stone Point. Stone Point’s partnership-driven approach, deep expertise, and strong track record of investing in our sector in the US make them a perfect partner.”
Completion of the deal is expected in summer 2026, contingent on regulatory clearance.
Amber River and Penta Capital were advised by Rothschild & Co as financial adviser and Dickson Minto as legal adviser.
Stone Point received financial advice from Continuum Advisory Partners, while Paul, Weiss offered legal advice.
The investment continues Stone Point’s push into wealth and fund services.
In February last year, funds managed by Stone Point acquired a majority stake in Kestra Holdings, replacing Warburg Pincus as majority owner.
In April of the same year, Stone Point Capital agreed to invest in Ultimus Fund Solutions, a fund administration solutions provider.
