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Stanhope merges with FWM to create $24.2bn wealth manager

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Stanhope Capital and FWM Holdings, the investment company that oversees the Forbes’ family fortune, have agreed to merge in a deal that creates one of the world’s largest independent wealth management groups with $24.2bn in assets under management. The tie-up comes amid increased competition to provide financial advice and services…

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Click here to read the full story: Financial Times

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