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Stock impact report

The Marygold Companies’ Subsidiary, Marygold & Co. (UK), Acquires UK-Based Financial Advisory Firm

The Marygold Companies, Inc. (MGLD) 
Company Research Source: Business Wire
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--The Marygold Companies, Inc. (“TMC,” or the “Company”) (NYSE American: MGLD), a diversified global holding firm, today announced that its wholly owned subsidiary, Marygold & Co. (UK) Limited, has completed the acquisition of Step-By-Step Financial Planners Limited (“SBS”), an investment advisory firm based in Rugeley, Staffordshire, England.SBS has approximately US$33.7 million (£27 million) in assets under management and provides a full range of financial advisory services to individuals and companies across a diverse product range, including wealth management. Kevin Pratt, the founder of SBS, and his team will continue with the company and provide ongoing advice and continuity to the clients. Terms of the transaction were not disclosed.“The acquisition of SBS is in keeping with our corporate strategy of expanding and growing our presence in the global financial services and fintech sector under the Marygold & Co. brand, which was establishe Show less Read more
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