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.

Rowan Dartington acquires online wealth platform

Rowan Dartington acquires online wealth platform

Rowan Dartington has acquired online wealth management platform Acordias

The Bristol-based wealth management firm - which has seen profits and funds under management rise by 300% and 40% in the last 18 months -said the buy would allow it to deliver its stockbroking and discretionary fund management capabilities on a global basis.

Isle of Man-based Acordias supports the international adviser community through an open architecture platform which offers funds, direct equity holdings, structured products and various other investment instruments.

Rowan Dartington said the acquisition would provide Acordias with the infrastructure support and financial backing to push ahead with its ambitious growth plans.

Rowan Dartington chairman Graham Coxell (pictured) said: 'This is an important, and very exciting development for Rowan Dartington as this acquisition represents a significant step for our business as a leading investment services provider.

'It is the perfect opportunity to combine our stockbroking and investment management expertise with the existing, well-functioning technological framework that will allow us to expand our distribution base globally.'

Mr Coxell added: 'Rowan Dartington is a perfect fit for Acordias as we have the financial credibility, as well as a great team of people who have historically been involved in the platform market. This is an exciting time in the growth of Rowan Dartington’s business.'

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 French fund CEOs: 'Brexit is a lose-lose situation for all of us'

French fund CEOs: 'Brexit is a lose-lose situation for all of us'

'We'll all lose out - but London is an international city, Paris is not.' Leading French asset management CEOs tell us what they think Brexit will mean for the investment business.

Play Henderson Eurotrust's Stevenson: dealing with European cynicism

Henderson Eurotrust's Stevenson: dealing with European cynicism

Tim Stevenson talks about where he finds his opportunities in the current environment in Europe

Play Mark Barnett - part 2: why I'm not buying Lloyds

Mark Barnett - part 2: why I'm not buying Lloyds

In the second part of our exclusive video interview, Barnett explains why he has no intention of buying Lloyds, and where he sees the greatest income opportunities.

Read More
Wealth Manager on Twitter