Broadstone Group, one of the UK’s leading employee benefits and pensions consulting businesses, has acquired PwC’s private client and treasury investment consulting team as it continues to grow its investment consulting practice.
Commenting on the acquisition, Broadstone CEO, Grant Stobart, said: “This is an exciting, strategic move for Broadstone as we expand our investment consulting business. As a growing number of consultants pivot towards asset management, there is a growing opportunity for the independent oversight that we offer.
“This acquisition brings us an expert team with extensive experience in advising individuals, families and trustees as well as institutional clients including charities and sovereign wealth funds. It further enhances our ability to help clients achieve their goals, expanding our capability in traditional and alternative asset classes and treasury and counterparty credit risk management.”
Ken McClintock, who leads the team moving to Broadstone, added that: “We are hugely excited to be joining Broadstone as it provides us with the ideal platform for future growth. We can continue to provide the same independent and expert advice to current and future clients, while expanding our range of advisory services.”