Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Arc plans global expansion following Endiang deal

Arc plans global expansion following Endiang deal

Asset Risk Consultants is planning to open offices in London, Switzerland, Canada and the Cayman Islands following the completion of its acquisition by Endiang Holdings.

The deal, which was agreed in principle in January, will provide funding for Channel Islands-based Arc’s expansion over the next 12-18 months. It also aims to expand its range of manager research and portfolio performance reporting to the fiduciary sector and IFAs through its web-based Suggestus research portal.

Endiang, the investment vehicle controlled by Canadian entrepreneur Arthur Labatt, said all of the Arc management team have agreed ‘multi-year lock-in arrangements.

Graham Harrison, group managing director and Arc founder (pictured), said: ‘The transaction will enable us to take our ambitious expansion plans forward with the goal of becoming a leading global private client investment consulting practice, with sustainable operations in Europe, North America and Asia, by 2020.

‘By aligning our interests with those of Endiang, this objective becomes an achievable proposition and one that we are very excited about.’

Labatt added: ‘Having been a client of Arc for the past decade I have seen the quality of their staff and value of their services first hand. I am delighted to be able to support Graham and his team in their ambitious expansion plans. With significant wealth comes significant responsibility.

‘Like me, I believe many wealthy families and their advisers will be attracted to Arc's “4-i's” of: independence, integrity, insight and innovation.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: change is the only constant for Quilter Cheviot

Profile: change is the only constant for Quilter Cheviot

This is not the first time we have profiled David Miller, but at the time of his previous appearance his company looked very different.

Wealth Manager on Twitter