Wealthtime has rebranded to The Quanta Group and become a fully integrated wealth manager, following its acquisition of Craven Street Wealth.
The Quanta Group has been backed by AnaCap, a private equity investor specialising in partnering with founders and entrepreneurial management teams across financial services, technology and software.
Craven Street Wealth is an independent chartered financial planning and wealth management firm with £2bn in assets under management (AuM).
Following the deal to acquire Craven Street Wealth, The Quanta Group will use it as a platform to pursue an acquisition strategy in the IFA market. It said it would aim to continue to build scale while providing customers with a holistic offering across advice, platform, and investment management.
As part of the move, the newly formed Quanta Group, led by CEO Patrick Mill, will maintain operational independence between its key business units. This includes Craven Street Wealth for independent financial advice, Wealthtime for wealth management platform services and investment management through Copia Capital.
Managing partner at AnaCap, Nassim Cherchali, commented: “The launch of the AnaCap-backed The Quanta Group marks a significant milestone and statement of intent as we bring together market-leading capabilities to deliver a next-generation digital-first wealth management platform.”
The Quanta Group has also secured a 10-year partnership with Wipro, a technology services firm, and GBST, its technology partner. This collaboration will focus on creating a seamless, intuitive and personalised digital experience for customers.
Cherchali added: “The Quanta Group’s 10-year partnership with Wipro and GBST is very exciting and underscores its continued commitment to innovation. The acquisition of Craven Street Wealth further strengthens its position with deep financial planning expertise and extends the service offering capabilities for The Quanta Group’s client base.
“We are excited to offer all clients under The Quanta Group umbrella a seamless, technology-driven experience.”
Latest News
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories