{"id":1485,"date":"2023-06-01T16:45:12","date_gmt":"2023-06-01T15:45:12","guid":{"rendered":"https:\/\/wordpress-832878-3718360.cloudwaysapps.com\/?post_type=insights&p=1485"},"modified":"2023-09-20T16:49:42","modified_gmt":"2023-09-20T15:49:42","slug":"team-plc-buys-isle-of-man-chartered-financial-planner","status":"publish","type":"insights","link":"https:\/\/www.gunnerandco.com\/insights\/team-plc-buys-isle-of-man-chartered-financial-planner\/","title":{"rendered":"Team Plc buys Isle of Man chartered financial planner"},"content":{"rendered":"
Team Plc, a Jersey-based asset manager, has acquired Thornton Chartered Financial Planning, adding over \u00a3120m in assets under advice.<\/p>\n
Thornton is an Isle of Man -based wealth and asset manager which focuses on an inclusive approach to financial advice for people from all walks of life, founded in 200 by Sharon Sutton.<\/p>\n
Commenting on the business, Ms Sutton said: \u201cSince starting Thornton in 2000, I have always held the deep-rooted belief that financial planning is an essential part of everyday modern life, and that, as a profession, we need to make it more inclusive to help people from all walks of life.\u201d<\/p>\n
Matthew Moore, chief financial officer of Team, commented: \u201cBecoming part of Team is a natural fit and will, we believe, facilitate the next stage of growth for Thornton which will benefit from being part of a larger group, offering a wider range of services whilst maintaining the same customer centric ethos.<\/p>\n
\u201cThe acquisition is a natural extension into the Isle of Man from our base in Jersey and matches our strategy to build a new wealth, asset management and complementary financial services group with a focus on the UK, crown dependencies and international finance centres.\u201d<\/p>\n
The acquisition comes shortly after\u00a0Team acquired Globaleye<\/a>\u00a0in a deal worth \u00a35.6m.<\/p>\n Mark Clubb, executive chairman of Team, commented on the Globaleye deal: \u201cIn May of last year, we stated our ambition to grow internationally within the other Crown Dependencies as well as further afield including in the Middle East and Asia.<\/p>\n \u201cOur multi-asset strategies have delivered robust returns in challenging markets and this acquisition represents a major opportunity to transition Globaleye clients from third-party managers to the Team asset management model portfolios and bespoke portfolio services.\u201d<\/p>\n Gunner & Co.<\/a> specialise in IFA sales, IFA business sales, retiring IFAs and IFA client bank sales.<\/em><\/p>\n If you are looking to sell your business, find out more about the selling process and how Gunner & Co. can help you, book a meeting with our Proposition Director Josh Lee\u00a0<\/em>here<\/em><\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Team Plc has bought a financial planning firm based on the Isle of Man.<\/p>\n","protected":false},"featured_media":1374,"template":"","insight-category":[3],"insight-tag":[],"acf":[],"yoast_head":"\n