X

X

Saltus attracts investment from Preservation Capital Partners to support its ambition to become the leading force in UK wealth management

Saltus Group has secured a significant investment from Preservation Capital Partners (PCP) to support its goal to be the leading vertically integrated High Net-Worth (HNW) wealth management firm in the UK. 

It is expected that post completion PCP will hold a majority stake, alongside management and the existing long term shareholder base of high net worth individuals.  Andrea Secci, Managing Director of PCP, and Jatender Aujla, Managing Partner of PCP, will join the board of Saltus.

The investment will significantly accelerate Saltus’s current growth trajectory through greater access to capital, facilitating further investment in technology development to improve the experience of its clients and advisers and broadening the reach of the Saltus Partnerships Programme (SPP).

The SPP is a new initiative which combines Saltus’s leading technological capabilities with its platform and investment offerings to create a compelling and flexible solution for the UK’s highest quality advisers.  It is designed to catalyse the growth in their businesses and maximise value whilst allowing the adviser to retain control.

Jon Macintosh, Managing Partner at Saltus, said: “We have grown significantly over the past few years – both organically and through the acquisitions we have made – and as a result are seeing increasing demand from high net worth clients for our goal-focussed financial planning and wealth management services.

“The next step in our evolution is to create an offering to support the UK’s most sophisticated and high-end financial advisers so that they can grow their business faster, maximise value, and focus on doing the bits of their job they love the most – looking after clients and winning new ones.

“We believe PCP’s insight, experience and capital will significantly enhance our ability to expand the Saltus business and cement our position as the leading HNW wealth manager in the UK.”

Andrea Secci, Managing Director at PCP, said: “The central principle of our investment approach is to back outstanding management teams that have demonstrated an ability to outperform the market. Saltus has industry-leading double-digit organic growth rates, incredibly high retention and a unique vertically integrated business model. We are delighted to be supporting the firm to supercharge growth and make that ambition a reality.”

This Week’s Most Read

Latest IFA Magazine Podcast Episodes

Keep updated on the most important financial events 

Make sure you are an informed

wealth professional..

Adblock Blocker

We have detected that you are using

adblocking plugin in your browser. 

IFA Magazine