Wealth manager Hurst Point Group buys Helm Godfrey in £1.5bn deal

Much-wanted London expansion

Hope William-Smith
clock • 4 min read

Hurst Point Group has acquired fellow wealth manager Helm Godfrey in a deal that will see it add £1bn in assets under advice and £500m assets under management to its coffers.

The subsidiary of global investment firm The Carlyle Group confirmed to Professional Adviser yesterday (10 May) that around 20 of the Helm Godfrey staff included in the deal are advisers, bringing its total to 120. All 65 Helm Godfrey employees are retained within the deal, which sees its financial planning team become part of Hurst Point Group's planning division. Helm Godfrey will be rebranded to Argentis Group in what is expected to be a full back end, technology and rebrand transition process taking around three months. Moving the acquired firm under the Argentis Group comes on...

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