Waystone and KB Associates announce successful merger
<img width="200" height="200" src="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-Waystone-linkedIn.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-Waystone-linkedIn.jpg 200w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-Waystone-linkedIn-150×150.jpg 150w, https://www.leaprate.com/wp-content/uploads/2023/10/FIN-LP-Waystone-linkedIn-120×120.jpg 120w" sizes="(max-width: 200px) 100vw, 200px" /><p>The merger established a company with assets under management (AUM) of €175bn. It also gained 100 KBA consultants in Ireland, London, and Luxembourg to extend the company’s service delivery reach. This merger rests on a beefed-up governance structure and operating model across all locations, enabling the company to deliver consistent and uniform solutions.</p>
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<p>Waystone is also in the process of acquiring <a href="https://www.leaprate.com/financial-services/link-fund-solutions-in-discussions-with-the-fca-regarding-a-possible-resolution-of-enforcement-action/" target="_blank" rel="noopener">Link Fund Solutions</a>. These moves are significant as the company strengthens its market presence and impact. The Chief Executive Officer (CEO) of Waystone Global Management Company Solution, Rachel Wheeler, said:</p>
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<p>The integration programme team have worked incredibly hard over the last six months to ensure a true and seamless integration of KBA into the Waystone Group. The integration has facilitated the implementation of a new and simplified operating model meaning we are now even better equipped to provide comprehensive and innovative solutions to our clients as they continue to navigate an increasingly complex regulatory landscape.</p>
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<p>The Waystone Management Company (IE) CEO, Andrew Kehoe, echoed this viewpoint and added:</p>
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<p>By combining the expertise and depth of experience of both organisations, we’ve expanded our suite of services to create an unrivalled ManCo offering.</p>
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<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/financial-planners/waystone-and-kb-associates-announce-successful-merger/">Waystone and KB Associates announce successful merger</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>
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