Ingenious Asset Management has completed the acquisition of Thurleigh Investment Managers to create a specialist wealth management firm.
The newly merged business will manage £1.8 billion in discretionary private client assets and platform based model portfolios.
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Following the deal, the teams from both the firm’s will now work together smoothly at Ingenious offices at 15 Golden Square, London.
In April 2014, Ingenious Asset Management has agreed to merge with Thurleigh Investment Managers, an investment firm managing £300 million of assets, following the receipt of regulatory approval from FCA.
Guy Bowles, founder and CEO of Ingenious said: "With the deal complete, I now look forward to focusing on delivering the best possible services to clients, strengthened by our expanded knowledge and expertise."
Thurleigh co-founder David Rosier said: "We are delighted at the response of Thurleigh’s clients to the decision to join forces with Ingenious Asset Management, and our clients have commented favourably upon the increased resources to which we have access."
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