M&A

Groupe Allen Acquires UK Wealth Manager Altyx for Market Expansion

Published on 5/13/2026

#GroupeAllen#Altyx#AUM#wealthmanagement#M&A
Groupe Allen Acquires UK Wealth Manager Altyx for Market Expansion

AI Summary

Groupe Allen has acquired Altyx Financial Planning, a UK-based firm targeting French nationals and cross-border wealth management. This marks Groupe Allen's first entry into the UK market through acquisition. Groupe Allen aims to reach approximately €5 billion in assets under management (AUM) by 2030, with the UK market representing an estimated 10 to 15% of total AUM. Currently, Groupe Allen manages €2 billion in AUM and serves about 2,700 families and entrepreneurs.

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