Cairngorm Capital Partners portfolio company, Verso Wealth Management (Verso), has acquired CDC Wealth Management Limited (CDC).
This acquisition continues Verso’s strategy to build a market leading, national wealth management group.
Founded in 2006, CDC is a wealth management company serving private individuals, families, trusts and companies across the UK. With an office in Sunderland, CDC combines financial advice and planning, with discretionary investment management, to provide a comprehensive wealth management service. With a team of 10 advisors, investment professionals and support staff, CDC provides advice on assets exceeding GBP150 million, as at Q4 2021.
The addition of CDC to the Verso group, adds scale to Verso’s network and creates a hub in the North East as Verso builds its national footprint.
