UK’s Rowan Dartington acquires Acordias
UK independent wealth manager Rowan Dartington has acquired the Isle of Man based wealth platform Acordias.
The platform is used by international financial advisers, and offers access to not only funds, but also equities, structured products and other instruments.
The acquisition is intended to bring scale to Acordias, and help fund its business growth plans.
Rowan Dartington, the new owner, has been growing itself in recent years. Through the platform it intendes to push its stockbroking and discretionary fund management capabilities to a broader, global user base.