Sanlam UK, part of the international financial services group Sanlam, has acquired the chartered financial planning business Astute Wealth Management.
Based in Preston, Astute Wealth Management was founded in 2007 by current Managing Director Andy McLaughlin and co-Director Jean McLaughlin. It specialises in delivering financial planning services to clients across the North West, together with a family office service for individuals with more complex financial requirements.
John White, CEO of Sanlam UK’s Wealth division, said: “Like Sanlam, Astute Wealth Management is committed to providing a great service and ultimately meeting the long-term financial goals of its clients. We were very impressed by the client-centric culture Andy and Jean have nurtured within the business and as such, we believe Astute is a good cultural fit with our wider business.
“I look forward to working with our new colleagues and deepening our wealth management presence in the North West.”
Andy McLaughlin, Managing Director of Astute Wealth Management, added: “From the outset we were impressed by Sanlam’s ambition, drive and core values. It’s becoming rare to find a wealth management firm that takes the time to get to know its clients and their financial needs, but this is core to Sanlam’s approach. We are excited to become part of the Sanlam family and working with its UK team to continue and deliver an outstanding service to our clients.”