FTSE 250 firm Rathbone Brothers has announced that its wholly owned subsidiary, Rathbone Investment Management, has completed the acquisition of the wealth management firm R.M. Walkden & Co.
The company was purchased for £948,494 - no further information was given regarding the acquisition.
Rathbone currently has around £15.8bn of funds under management.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
NR
-
UK property market forecast: where are house prices heading?House prices have climbed in the past few years, but the long-term outlook for the housing market is poor, says Max King
-
Next-generation dividend heroes: the top-yielding investment trusts of the future?The Association of Investment Companies has published its updated list of next-gen dividend heroes. We look at the trusts that made the cut
