STERLING MCCALL PURCHASES ASSETS OF BROMLEY & COE AND MERIDIAN FINANCIAL MANAGEMENT LTD - Top Stories news and analysis from Global Banking & Finance Review
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STERLING MCCALL PURCHASES ASSETS OF BROMLEY & COE AND MERIDIAN FINANCIAL MANAGEMENT LTD

Published by Gbaf News

Posted on June 10, 2014

1 min read
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Sterling McCall Expands with Key Acquisitions

Wealth manager, Sterling McCall has expanded its national network with the purchase of the assets of Bromley & Coe and Meridian Financial Management Ltd.

Sterling Mccall Purchases Assets Of Bromley & Coe And Meridian Financial Management Ltd

Sterling Mccall Purchases Assets Of Bromley & Coe And Meridian Financial Management Ltd

Leadership Comments on Asset Purchase

Steve Moseley, Business Development Director, said: “Both companies are a good fit for our network.  Brent Bromley and John Coe will work from the newly opened Grimsby office established following the purchase of Suttcliffe Solloway Financial Management last year. Steve Griffin will continue to service his international clients.”

Impact on Funds Under Influence

The purchases add another £50 million of funds under influence to Sterling McCall which recently became part of the AIM listed Tavistock Investments group.

Future Growth and Acquisition Plans

Steve Moseley continued: “We have now hit over £400 million in assets under management and Sterling McCall expects to complete further acquisitions shortly.”

Key Takeaways

  • Sterling McCall acquired the assets of Bromley & Coe and Meridian Financial Management Ltd, adding approx. £50 million in funds under influence.
  • Brent Bromley and John Coe will operate from Sterling McCall’s newly opened Grimsby office; Steve Griffin will continue serving international clients.
  • Sterling McCall has surpassed £400 million in assets under management and plans further acquisitions.
  • Sterling McCall is now part of the AIM‑listed Tavistock Investments group.

References

Frequently Asked Questions

Who acquired the assets of Bromley & Coe and Meridian Financial Management Ltd?
Wealth manager Sterling McCall acquired the assets.
How much did the acquisition add to Sterling McCall’s funds under influence?
The acquisitions added approximately £50 million in funds under influence.
Where will Brent Bromley and John Coe operate from following the acquisition?
They will work from Sterling McCall’s newly opened Grimsby office.
Which group is Sterling McCall part of?
Sterling McCall is now part of the AIM‑listed Tavistock Investments group.
What is Sterling McCall’s current assets under management?
Sterling McCall has now surpassed £400 million in assets under management.

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