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Rowan Dartington acquired by St. James’s Place Wealth Management

PUBLISHED: 11:37 21 August 2015 | UPDATED: 11:37 21 August 2015

Rowan Dartington

Rowan Dartington

Archant

Rowan Dartington has announced that, subject to regulatory approval, it has accepted an offer from St. James’s Place, the FTSE 100 wealth manager which has its headquarters in Cirencester, to wholly acquire the discretionary fund management firm.

The Bristol-based firm has assets in excess of £1bn with 10 regional offices, including Cheltenham, and 100 staff. The two businesses are closely aligned – based on building long-term relationships between clients and advisers. The management team, led by Graham Coxell is committed to growing Rowan Dartington within the St. James’s Place group.

As well as providing a complementary service to those already offered by St. James’s Place, Rowan Dartington says it will continue to deliver award winning private client investment services.

Graham Coxell, executive chairman at Rowan Dartington said; “We are incredibly excited about the future. We feel this opportunity represents the best possible ‘next chapter’ in RD’s growth and development, and is complementary to the already extremely successful and broad proposition of the SJP group. This opportunity will not only provide a strong platform for St. James’s Place to provide discretionary fund management services to high net worth clients, it will also enable Rowan Dartington to continue to develop and support the propositions and services to our existing and new private clients, as well as the broader UK financial adviser market.”

www.rowan-dartington.co.uk

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