South African wealth firm buys UK financial planner

clock • 2 min read
South African wealth firm buys UK financial planner

South Africa-headquartered adviser firm AlphaWealth has taken a majority stake in London-based financial planner Holborn Financial. AlphaWealth has set up a new UK affiliate, Alpha UK Holdings, to acquire the Wimbledon-based chartered financial planning firm. Founded in 2005 with global assets of over R11bn (£550m), Alpha Wealth already has a presence in various international financial centres including Johannesburg, Cape Town, Durban, London, Geneva and Mauritius. It provides invest...

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