Attivo Group, a UK-based wealth management firm, has acquired the client book of Kent-based Valiant Financial Consultants, according to FTAdviser.
The deal will expand Attivo Group’s assets under management and advice by £60 million to almost £400 million.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Valiant Financial Consultants was associated with solicitors firm Clarkson Wright & Jakes.
The decision to transfer the business to Attivo follows the increasingly complicated regulatory environment for smaller firms, after the introduction of Retail Distribution Review earlier this year.
Sam Smith, head of private client engagement at Attivo Group, said: "The opportunity to acquire a private client base of high net-worth individuals, with a similar investment profile to our other clients, significantly strengthens our presence in the south east.
"Major investment in state of the art technology also means that clients benefit from 24/7 online access to their portfolios as well as the highest level of client service.
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 GlobalData"Our acquisition strategy focuses on a strong client-led approach with an emphasis on developing personal relationships through regular contact and communications," FTAdviser quoted Smith as saying.
