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  1. www.rathbones.com › media-centre › news-and-commentRathbones completes acquisition of Speirs & Jeffrey | Rathbones

    Rathbones Group Plc (“Rathbones”) today announces that following receipt of regulatory approval, it has completed the acquisition of Speirs & Jeffrey (“S&J”), Scotland’s largest independent wealth manager with funds under management of £6.7bn and a team of around 150 people, including 38 investment professionals.

  2. www.heraldscotland.com › business_hq › 16292560Stockbroker brothers share nearly £35m as venerable Glasgow ...

    Jun 15, 2018 · Speirs & Jeffrey, which has £6.7 billion of funds under management, has been sold to London-based wealth and investment manager Rathbones for an initial £104m. Rathbones currently has £3bn of ...

    • Ian Mcconnell

  3. www.insider.co.uk › news › speirs-jeffrey-rathboneEnd of an era as Rathbones finalises £104m deal to buy Speirs ...

    Aug 31, 2018 · Read More. Rathbones strikes £104m deal to buy Scottish wealth manager Speirs & Jeffrey. The initial consideration of £104m for the acquisition is being made through £79m cash and the issue of 1,006,522 new ordinary Rathbones shares to Speirs & Jeffrey shareholders. Such shares are locked up for three years from completion and will be ...

  4. citywire.com › wealth-manager › newsWhy Speirs & Jeffrey was forced to sell to Rathbones - Citywire

    Jun 14, 2018 · Rathbones' £104 million deal to buy Speirs & Jeffrey underlines the challenges facing wealth management firms lacking scale. In a letter to clients, S&J chief executive Russell Crichton outlined why Scotland's largest wealth firm is being sold 112 years after it was established in Glasgow.

  5. www.bbc.com › news › uk-scotland-scotland-businessWealth management firm Speirs and Jeffrey in £104m takeover

    Jun 14, 2018 · Scotland's biggest independent wealth manager, Speirs and Jeffrey, is being taken over by Rathbone Brothers. The larger company which is listed on the London stock exchange, and one of the 350 ...

  6. www.rathbones.com › sites › rathbonesRathbone Brothers Plc Rathbones acquisition of Speirs & Jeffrey

    Speirs & Jeffrey deal summary. ─ Reached agreement to acquire 100% of the outstanding share capital of Speirs & Jeffrey Limited (“Speirs & Jeffrey”) ─ Scotland’s largest independent wealth manager with a total of £6.7bn FUM (pro forma FUM of £44bn) and c.8,500 clients. ─ High degree of cultural alignment. ─ Initial consideration ...

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  8. www.insider.co.uk › news › rathbone-brothers-speirsRathbone Brothers in takeover talks with Speirs & Jeffrey

    Apr 9, 2018 · Speirs & Jeffrey has said it does not comment on speculation. A sale deal would trigger a multi-million windfall for the Glasgow firm’s partners. Founded in 1906, Speirs & Jeffrey achieved revenues of £25.3m and pre-tax profits of £9m in its last financial year.