MFS has set its sights on Swain Investment Services, a financial advisory firm in New Zealand's South Island.
Swains advises on estate planning and financial advice to more than 1,500
The acquisition of Swains follows MFS’ acquisition earlier this year of the Northplan Group, which operates out of nine offices in the North Island of New Zealand and has more than 3,400 clients with $NZ670 million of FUM.
As part of the re-organisation of the Northplan Group, MFS has re-branded the financial advisory arm of the business from Northplan to Vestar Investment Specialists.
This name change and re-branding was implemented as part of a strategy to create a single advisory firm operating under one brand and spanning both the North and
Swains was established in 1998 by Ken Swain and John Price. Both Swain and Price will remain actively involved in the MFS New Zealand business, and together will oversee the
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