REG - Tavistock Investment - Completion of Acquisition

Tavistock InvestmentsAnnouncement

02/04/2026 07:00

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RNS Number : 1430Z  Tavistock Investments PLC  02 April 2026

              Tavistock Investments Plc

 

  ("Tavistock" or the "Company")

 

 

Completion of Acquisition of Lifetime Financial Management (Lifetime)

 

2 April 2026

 

Tavistock is delighted to confirm that its acquisition of Lifetime, announced
in September 2025, has now completed following FCA change in control approval.

 

This is the Company's second significant acquisition (following that of asset
manager, Alpha Beta Partners, in February 2025) as it refocuses its business
to bring financial wellbeing to everyone, regardless of wealth.

 

Lifetime will continue its development of an advisory ecosystem to deliver a
targeted tenfold increase in adviser productivity and offer a blueprint for
the entire financial services industry to reassert and expand the reach of
human-centric advice provision.

 

Background to the Refocus

 

The FCA's 2024 Financial Lives Survey found that only the most privileged 9%
of UK consumers received financial advice. Others are left without access to
the guidance they need and the FCA's survey noted that 59% of adults faced
difficulties with financial decisions.

 

Advisory firms, increasingly burdened by regulation, now find it commercially
unsustainable to support lower value clients, thereby increasing the pool of
people without access to financial advice.

 

Strategic Benefits

 

Lifetime's digital-first platform makes appropriate and significant use of
technology and AI, but only in support of qualified professionals and with
guaranteed human involvement.

 

The provision of support for the "neglected 91%" (rather than just the
privileged few) and the rapidly growing number of "orphaned" lower value
clients both present enormous market opportunities, with a lack of meaningful
competition.

 

The board believes that the implications for Tavistock's shareholders are
highly attractive and the business will be rebranded in due course as it seeks
to become an industry disruptor.

 

Brian Raven, Chief Executive, said: "Our conviction is that everyone deserves
financial peace of mind regardless of age or wealth. Lifetime brings a proven,
hybrid model that breaks down traditional barriers to financial advice and
wealth creation. It is the answer for the financial well-being of UK adults
today and offers our shareholders an opportunity for creating significant
incremental value".

 

Ian Dickinson, Lifetime's Chief Executive, said: "We are delighted to be
joining Tavistock to pursue our common purpose to provide retail financial
investors with professional, affordable financial advice and low-cost
investment solutions. Lifetime has been on an incredible journey for the last
23 years and we are excited to embark on our next chapter."

 

 
ENDS

 

For further information:

 

 Tavistock Investments Plc                                                                                                                                                          Tel: 01753 867000

 Brian Raven

 Oliver Cooke

 Canaccord Genuity Limited                                                                                                                                                          Tel: 020 7523 8318

 (Nominated Adviser and Broker)

 Stuart Andrews

 Flagstaff Communications

 (PR)

                                                                                                                                                                                  tavistock@flagstaffcomms.com
 Tim Thompson

                                                                                                                                                                                  Tel: 0207129 1474
 Alison Allfrey

 Anna Probert

About Tavistock Investments Plc

 

Tavistock Investments is a specialist wealth and asset management company
focused on meeting the specific needs of private investors and differentiated
by its commitment to excellence and revolutionary thinking.

 

Within the group, Tavistock Private Client has been recognised many times for
excellent advice services to higher net worth individuals, winning multiple
industry awards. It also operates an employee benefits business. Tavistock
Asset Management, augmented by the recent acquisition of Alpha Beta Partners,
delivers institutional portfolio management services at a retail price, so
that clients benefit from collective buying power, as well as competitive
dealing charges. The third element of wealth management, Tavistock Protect,
provides clients with a comprehensive range of life insurance and critical
illness policies.

 

Tavistock was founded by Chief Executive Brian Raven, who has been involved in
financial services since 2010 and has a wealth of commercial experience.
Together with Chairman, Oliver Cooke, he has previously founded both a fraud
prevention business that achieved an AIM listing in 1996, and a fully listed
group focused on loyalty schemes in UK health and fitness. Brian then invested
in the financial services sector in 2010, later launching Tavistock, along
with Oliver, and listing it on AIM in 2013.

 

Tavistock commenced its restructuring by disposing of its UCITS funds and
investment team in 2021 and its network of self-employed IFAs in 2024,
generating more than £30m and £37.5m respectively. These transactions
provided significant working and development capital for the Group, allowing
it to optimise the balance of regulatory risk and commercial reward for the
benefit of its shareholders.

 

 

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