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Sanlam UK acquires £60m Yorkshire-based financial planning business

19 February 2018

Sanlam UK, wealth manager and part of the international financial service group Sanlam Ltd, has acquired Grennan Advisers Ltd, a financial planning business based in East Yorkshire.

Grennan Advisers Ltd was launched in 2013 by Stuart Grennan and Helen Chapman, and it provides financial planning services for HNW individuals and business executives. The deal will see Sanlam UK acquire Grennan Adviser Ltd’s book of clients and £60 million of AUM.

Grennan and Chapman will work with Sanlam UK to support the handover and integration of client relationships.

Commenting on the acquisition, John White, CEO of Sanlam’s wealth division said: “Grennan Advisers Ltd is a high quality business with an ethos of providing excellent service and delivering clients’ long-term financial ambitions.”

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