Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Evelyn Partners, the leading wealth management and professional services group, has announced that it has reached an agreement to acquire Dart Capital, a boutique wealth manager based in the City of London.
Dart Capital is a well-established business, incorporated in 1987, which has been led by chief executive Richard Whitehead since a management buyout in 2008. Since then it has grown its assets under management from £120m to £739.
The 19-strong Dart Capital team provides personalised advice and discretionary investment management services for a high-quality client base, including the partners of leading accountancy and law firms, senior executives, business owners and retirees.
Chris Woodhouse, group chief executive of Evelyn Partners, said: “Richard and his team have built an impressive business over many years that supports a top-tier client base. We are delighted that they have chosen to become part of Evelyn Partners at an exciting time of growth and development for the group.
“The cultural fit between the two businesses is excellent, with both firms focused on understanding the needs of our clients and delivering a highly personalised service.”
Richard Whitehead, chief executive of Dart Capital, added: “We are very proud to announce that Dart Capital is becoming part of Evelyn Partners. Both companies champion similar core values, and we are confident in the opportunity of growth and investment that this exciting development presents for our clients and the company.
“Evelyn Partners’ additional depth and breadth of resources will help us continue to nurture, preserve, and grow our clients’ wealth. We are excited for the future and look forward to supporting our clients in our new home.”
