JPMorgan Chase acquires UK’s independent digital wealth manager Nutmeg

Digiqole Ad

Arma Partners advises Nutmeg, a leading UK independent digital wealth manager with over £3.5 billion in AuM, on its sale to JPMorgan Chase

Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Nutmeg on its sale to JPMorgan Chase (NYSE: JPM). The transaction is subject to regulatory approvals.

Nutmeg is a leading UK independent digital wealth manager delivering intelligent investment portfolios that are tailored to an individual’s risk appetite and investment style with exposure to multiple asset classes, countries and industry sectors. Nutmeg serves more than 140,000 investors and manages over £3.5 billion in assets.

Technology is disrupting the investment and wealth management industry by allowing individuals to manage their finances digitally and in real time. Since launching in the UK, Nutmeg has helped to transform this industry and will now complement JPMorgan Chase’s digital bank that is planned for launch in the UK later this year under the Chase brand. The acquisition of Nutmeg by JPMorgan Chase demonstrates the strength of the digital wealth management market and underscores Arma Partners’ strong track record of delivering exceptional outcomes for FinTech companies.

About Arma Partners
Arma Partners provides independent corporate finance advice to companies and investors active in the global Digital Economy. We act as trusted advisors to Digital Economy leaders throughout their entire corporate lifecycle, from raising private capital for fast-growing disrupters and founder-led businesses to orchestrating complex cross-border M&A deals for private equity investors and global large-cap public companies. Founded in 2003, Arma today employs a large dedicated advisory team with unparalleled domain expertise and an enviable track record in each of the diverse sub-segments that together comprise the ever-expanding global Digital Economy.
 
Arma Partners LLP is authorised and regulated by the Financial Conduct Authority. US Arma Partners LP is regulated by the Financial Industry Regulatory Authority (FINRA) and is a member of the Securities Investor Protection Corporation (SIPC). Further information at www.armapartners.com.

Safiya Marzook

Related post