M and A
Deals Of The Day: The Latest In Wealth Management M&A – atomos, Equanimity Independent Financial Advisers
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
atomos, Equanimity Independent Financial
Advisers
UK wealth manager atomos has acquired North
London-based financial advice business
Equanimity Independent Financial Advisers.
Equanimity, which was founded in 2004 by chartered financial planner Helen Howcroft, offers advice to predominantly female, high net worth clients and business owners across financial planning, wealth management, and financial protection.
Equanimity has expertise in helping women who are going through divorce, providing advice on the legal implications and the impact on pensions and other assets, the firm said in a statement. Separation, divorce or bereavement can involve taking on sole responsibility for finances and Equanimity provides guidance on decision-making during what is often a very difficult time.
atomos said it will work with Howcroft and her team to deliver inclusive advice services, focusing initially on enhancing services for clients experiencing significant life changes. The business will also increase its offer to people who typically may not have accessed financial advice, in line with the FCA’s focus on improving outcomes for underserved or vulnerable consumers.
“This is a key strategic acquisition for atomos and will allow us to leverage Equanimity’s expertise in specialist advice and roll it out nationally across our regional offices,” Chris Kraft, chief commercial officer at atomos, said.