Platform Wealthtime has launched a push into wealth management after completing a deal to buy advice consolidator Craven Street Wealth, Citywire New Model Adviser can reveal.
Under the new name of Quanta Group, the company will pull together its two platforms, its Copia Capital discretionary fund manager (DFM) arm, and the newly acquired Craven Street Wealth into one wealth business.
The Quanta Group will be led by Wealthtime CEO Patrick Mill, and owned by its private equity backer Anacap. All businesses will continue to operate independently with separate management teams.
