Jersey-based wealth management group Team is buying Lancashire stockbroker Hedley & Company for £3m.
The acquisition adds £383m of assets under control to the Jersey-based group, including £173m of funds under management, and strengthens Team’s presence in the North West. It acquired the stockbroker WH Ireland earlier this year.
Hedley & Co, founded in 1992 is authorised by the FCA and a member of the London Stock Exchange. It reported revenues of £2.1m and pre-tax profit of £600,000 for the year ended 31 August 202… You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below…
