Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a746142

Rowan Dartington acquires online wealth platform

by Dylan Lobo on Apr 14, 2014 at 10:24

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 here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home


As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment


With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

What others are saying

Archive

On the road

Click here to find out more from the Audience Development team.

Read more...

How is regulation feeding the outsourcing trend?

on Jul 24, 2014 at 10:59

Sorry, this link is not
quite ready yet