Categories:UK

Speechlys and Withers in talks over £170m merger

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  • Such a shame Rollonfriday beat you to it

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  • Nice little backhand swipe at Roll on Friday there -- "The story is premature. RoF came up with the story".

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  • To be fair,this looks like it makes more commercial sense than some other mergers we have seen in the middle-market. If I were a wealth manager I would be seriously interested in this combination as it is probably a big move in the private client world.

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  • RollonFriday seem to come up with alot of legal breaking stories first.

    Beats 'star' partner A leave Firm A in crisis to join Firm B which describes move as 'transformational' blah blah blah.

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  • Any word from Farrers?

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  • Agreed that private client is big bucks and international business. You have to wonder whether the MC firms regret ditching this and whether they're likely to re-enter the market with some trophy hires. Is that what's meant by 'new organisations entering the market' I wonder?

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  • Of the many recent merger announcements/rumours this one makes particularly good sense. Both are very sound players. Best of luck.

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  • Quote
    PEP dropping from £384,000 to £300,000 (18 July 2012).
    Unquote
    ROF doesn't mention this - how much of a one off is it and what caused it at SB ?

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