TAM Asset Management

Heligan Group advised Amber River Group Limited ("Amber River"), an acquisitive financial planning group with £11bn of assets under influence, on its acquisition of TAM Asset Management Limited (TAM), a discretionary asset management business.

TAM provides a managed portfolio offering to financial advisors (IFAs) and other financial intermediaries and has a strong track record of managing model portfolios over 10 years. TAM will become Amber River’s centralised investment proposition for its IFAs, enabling the rapid growth of TAM and improved margins across the group.

Amber River Group is one of the UK’s largest IFA businesses, having grown rapidly by acquisition over the last 4 years with the backing of Penta Capital and Ares.