Foster Denovo acquires Verum Wealth, adding £87M in assets and marking their seventh buy in a year.

Wealth management firm Foster Denovo has acquired Verum Wealth, adding £87 million in assets under advice to its Glasgow hub. This is Foster Denovo's seventh acquisition in a year, expanding their presence in Scotland. Verum Wealth, founded in 2015, primarily serves owner-managed businesses. The deal provides career progression for Verum's staff and aligns with Foster Denovo's growth strategy.

3 months ago
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