5th Nov 2024 10:24
Brooks Macdonald Group PLC - London-based wealth manager - Acquires CST Wealth Management Ltd, a Wales-based financial planning firm for an unspecified amount. It follows the group's recent acquisitions of LIFT Financial Group Ltd and Lucas Fettes & Partners Financial Services Ltd. CST Wealth Management has around GBP170 million in assets under advice, and a base of around 500 clients. Chief Executive Officer Andrea Montague says: "CST Wealth Management is well known to our Cardiff team for their excellent client service. We are delighted to welcome them to Brooks Macdonald as we increase our offering in Wales and grow our presence in financial planning, aligned with our strategy to reignite growth."
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By Emily Parsons, Alliance News reporter
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