Saltus attracts investment from Preservation Capital Partners

1 August 2022

The Investment will support Saltus's ambition to become the leading force in UK wealth management

Saltus Group has secured a significant investment from Preservation Capital Partners (PCP) to support its goal to be the leading vertically integrated High Net-Worth (HNW) wealth management firm in the UK. It is expected that post completion PCP will hold a majority stake, alongside management and the existing long term shareholder base of high net worth individuals. Andrea Secci, Managing Director of PCP, and Jatender Aujla, Managing Partner of PCP, will join the board of Saltus.

The investment will significantly accelerate Saltus’s current growth trajectory through greater access to capital, facilitating further investment in technology development to improve the experience of its clients and advisers and broadening the reach of the Saltus Partnerships Programme (SPP).

The SPP is a new initiative which combines Saltus’s leading technological capabilities with its platform and investment offerings to create a compelling and flexible solution for the UK’s highest quality advisers. It is designed to catalyse the growth in their businesses and maximise value whilst allowing the adviser to retain control.

Jon Macintosh, Managing Partner at Saltus, said:

“We have grown significantly over the past few years – both organically and through the acquisitions we have made – and as a result are seeing increasing demand from high net worth clients for our goal-focussed financial planning and wealth management services.

“The next step in our evolution is to create an offering to support the UK’s most sophisticated and high-end financial advisers so that they can grow their business faster, maximise value, and focus on doing the bits of their job they love the most – looking after clients and winning new ones.

“We believe PCP’s insight, experience and capital will significantly enhance our ability to expand the Saltus business and cement our position as the leading HNW wealth manager in the UK.”

Andrea Secci, Managing Director at PCP, said:

“The central principle of our investment approach is to back outstanding management teams that have demonstrated an ability to outperform the market. Saltus has industry-leading double-digit organic growth rates, incredibly high retention and a unique vertically integrated business model. We are delighted to be supporting the firm to supercharge growth and make that ambition a reality.”

The deal will not impact Saltus’s clients in any way and the Saltus brand will be retained. PCP is backing Saltus to continue as it is and will support the business in being even more ambitious in driving growth.


Further information:

Callum Attew/ Rachel Mason
[email protected]
+44 (0) 77323 12855 / +44 (0) 77591 47131

About Saltus:

Why Saltus? | Saltus

Saltus is a wealth management company that combines empathy and intellect in equal measure.  We help our clients achieve their goals in life through expert financial planning as well as providing sharp focused investment management.

We started life as an investment management firm in 2004, yet over the years we saw that providing high-quality investment management is just one of the ways we can help people achieve their aspirations. Saltus Financial Planning was launched in 2015, with the aim of being an industry leader in providing financial advice.

The Saltus Group now employs over 120 people and is growing quickly. We have the privilege of looking after over £2.3bn for our clients and expect to reach £4bn by the end of the year.

About Preservation Capital Partners (PCP):

Preservation Capital Partners

Preservation Capital Partners is a private equity firm specialising in investing in high growth financial technology and services sector, PCP manages c.$1 billion of AuM and has more than 75 years of direct investing experience with a strong record of driving growth.

We strive to deliver consistent and superior returns for investors and partners, through the application of our deep sector expertise, collaboration with best-in-class management teams and hard work to generate superior value creation.

Advisers to the transaction:

Houlihan Lokey as financial adviser to Saltus
George Green as legal adviser to the Saltus management team
Burges Salmon as legal adviser to Saltus
Kirkland & Ellis as legal adviser to PCP
Macfarlanes as legal adviser to PCP
BMS as W&I insurance broker to PCP
PwC as due diligence adviser to PCP
LEK as commercial due diligence adviser to PCP
Thistle as compliance adviser to PCP
Chris Patrick as debt adviser to PCP
Many Waters Capital as debt advisers to Saltus


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