View the article online at http://citywire.co.uk/wealth-manager/article/a761652
Ingenious completes Thurleigh acquisition
by Robert St George on Jul 14, 2014 at 09:45
The purchase of Thurleigh Investment Managers by Ingenious Asset Management has now completed to create wealth management’s latest ‘super-boutique’.
The deal was first revealed in April 2014, with Ingenious buying Thurleigh, an owner-managed investment firm running £300 million of assets. The combined group now manages £1.7 billion in discretionary private client assets and platform-based model portfolios.
The Ingenious and Thurleigh teams are now working together in the former’s offices at 15 Golden Square, London.
‘It has been great to see the two teams come together so well to ensure a smooth integration of our two businesses,’ commented Guy Bowles (pictured), founder and chief executive of Ingenious.
‘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 added: ‘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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