Sanlam UK acquires Thesis Asset Management

Sanlam UK, part of the international financial services group Sanlam Limited, has announced the acquisition of Thesis Asset Management Limited.

This sale comprises the private client business and its financial planning business Pallant Independent.

The business development team and the four private client teams will move to the Sanlam wealth management business. They will continue to operate from current locations in Brighton, Chichester, Guildford and Lymington.

We have sought to find an acquirer that matches the Thesis culture of client focus and professionalism. In Sanlam we believe clients, staff and business partners will find that this culture is embedded into the group.

As an adviser to your client, we understand you will have selected Thesis to manage your client assets as part of your overall client proposition whether directly with Thesis or a wrap platform. There will be no change in our fees as a result of this acquisition. Combining our resources and understanding of the advisory market we expect to enhance services to the advisory community and look forward to telling you more about that in due course.

In the meantime we will focus on ensuring we deliver what you need for your clients and your business. We will be in touch in the next few days to check you have the information you need.

Some information about Sanlam for you:

Sanlam Limited is an international financial services group with a heritage dating back to 1918. Globally, the business employs over 17,000 people and manages $70 billion of client assets. In the UK it has a network of 13 regional offices and employs 450 professionals.

Sanlam delivers a wide range of services to advisers:

  • Discretionary investment management
  • Specialist services including Private Office and tax led investments
  • Fund management
  • Consultative support to advisory and wealth management businesses

We look forward to catching up with you soon.

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