James Sullivan - Central Investment Planning acquisitionMitonOptimal is delighted to announce that it has agreed the acquisition of Central Investment Planning “CIP” in order to enhance its investment capabilities.

With assets under advice exceeding £100m, the acquisition of CIP will enable MitonOptimal to develop its bespoke portfolio management offering, complementing the existing model portfolio service and multi-asset fund range. CIP, an investment advisory business based in the Midlands and led by Directors Sandy Baker and Fiona McCaig, offers investment advisory services to high net worth clients.

The company will adopt the name of MitonOptimal Portfolio Management, bringing it into line with the wider group.

MitonOptimal International Managing Director, Scott Campbell, stated, “We are delighted to welcome Sandy Baker, Fiona McCaig and their associates to the team. As we continue to develop our discretionary fund management, model portfolio services and funds business on a global basis, this was a sensible next step for both parties.”

MitonOptimal UK Managing Director, James Sullivan added, “Following the acquisition and successful integration of the Minerva business last summer, providing us with the foundations to launch our model portfolio service, the capability to provide bespoke portfolios is the next logical step in broadening out our service offering. CIP will be a very valuable addition to our UK business.”

Central Investment Planning Director, Sandy Baker, added, “With increased regulation for boutique investment businesses, MitonOptimal was a logical choice to partner for the future. We wish to focus on delivering superior client service and can leverage off the significant investment management experience, processes and resource that MitonOptimal has at its disposal. The deal puts in place a long-term secure investment solution for our clients”.

For all queries, please contact:

  • Scott Campbell, Group Managing Director, MitonOptimal International    + 27 82 3014001
  • James Sullivan, Managing Director UK, MitonOptimal UK   + 44 (0) 7971 324106
  • Sandy Baker, Director, Central Investment Planning   + 44 (0) 1902 712233

Address

MitonOptimal International Limited
Suite 1, Weighbridge House,
Lower Pollet,
St. Peter Port,
Guernsey, GY1 3XF,
UK

Phone

+44 (0)1481 740044

Regulatory Information

MitonOptimal International Limited is registered in Guernsey (Registration No. 51561) and is the overlying holding company of the companies that make up the MitonOptimal Group.

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