Acquiring Company
Foster Denovo Limited
Acquired Company
Wade Financial Services
Description
Foster Denovo has completed its first acquisition of 2026 by bringing Wade Financial Services into its wealth management division. This move strengthens Foster Denovo's Tyneside hub, following their previous acquisition in 2023. Shaun Carr from Wade Financial joins as a senior partner, contributing £53m in assets under advice. The acquisition is part of Foster Denovo's strategy to enhance client services and expand its financial advisory offerings.
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Based on deal dataFrequently asked
Who acquired Wade Financial Services?
Wade Financial Services was acquired by Foster Denovo Limited, based in London. The deal was reported on August 5, 2026. Foster Denovo Limited is a national firm of financial advisers with 13 offices across the UK. Foster Denovo Limited is privately held and operates in Financial Services.
When did Foster Denovo Limited acquire Wade Financial Services?
Foster Denovo Limited's acquisition of Wade Financial Services was reported on August 5, 2026. Foster Denovo has completed its first acquisition of 2026 by bringing Wade Financial Services into its wealth management division. This move strengthens Foster Denovo's Tyneside hub, following their previous acquisition in 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Wade Financial Services do?
Wade Financial Services was an advisory firm based in Newcastle offering financial planning and investment advice. They catered to a diverse range of clients. The company was known for its client-centric approach and strong relationships with its clientele. It is privately held, operating in Financial Services, and is based in Newcastle Upon Tyne.