{"id":35645,"date":"2026-05-13T17:00:43","date_gmt":"2026-05-13T17:00:43","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/35645\/"},"modified":"2026-05-13T17:00:43","modified_gmt":"2026-05-13T17:00:43","slug":"frances-groupe-allen-enters-uk-market-via-acquisition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/35645\/","title":{"rendered":"France\u2019s Groupe Allen enters UK market via acquisition"},"content":{"rendered":"<p>Groupe Allen has entered the UK wealth management industry by acquiring Altyx Financial Planning, a London-based advice firm specialised in supporting French nationals.<\/p>\n<p>The French firm said the deal for the five-person advisory makes it the first independent wealth management group from the country to establish a presence in the UK via an acquisition.<\/p>\n<p>The move is aimed at strengthening cross-border Franco-UK wealth and tax support, which Groupe Allen estimated impacts between 200,000 and 250,000 French nationals based in the UK.<\/p>\n<p>The firm already advises approximately 2,700 families and entrepreneurs with \u20ac2bn (\u00a31.8bn) of assets under management. It has offices in Paris, Lyon, Toulouse, Mont\u00e9limar, Brussels and Luxembourg.<\/p>\n<p>Groupe Allen has also acquired subsidiary, Altyx Corporate, which advises companies on retirement and employee benefits issues.<\/p>\n<p>See also: <a href=\"https:\/\/portfolio-adviser.com\/allspring-hires-international-product-head-to-keep-pace-with-business-growth\/\" type=\"link\" id=\"https:\/\/portfolio-adviser.com\/allspring-hires-international-product-head-to-keep-pace-with-business-growth\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Allspring hires international product head to keep pace with business growth<\/a><\/p>\n<p>Sandrine Genet (pictured), founder and chair of Groupe Allen, said: \u201cLondon is home to between 200,000 and 250,000 French nationals, often facing complex wealth situations, with the UK financial marketplace being one of Europe\u2019s leading financial centres.<\/p>\n<p>\u201cGroupe Allen\u2019s ambition for several years has been to become the French benchmark in wealth advisory services for families and entrepreneurs on a European scale.<\/p>\n<p>\u201cWe have always intended to have a presence in the UK and now Altyx provides us with the credibility and local roots needed to establish ourselves there.\u201d<\/p>\n<p>B\u00e9rang\u00e8re Salembien, managing director of Altyx Financial Planning, added: \u201cWe are delighted by this acquisition by Groupe Allen, a group determined to establish itself in the United Kingdom. <\/p>\n<p>\u201cFrom our very first meeting, it became clear that Sandrine and I shared the same ethics and vision on how best to serve our clients.<\/p>\n<p>\u201cSuch alignment is quite rare, and it\u2019s what made us want to move forward together.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Groupe Allen has entered the UK wealth management industry by acquiring Altyx Financial Planning, a London-based advice firm&hellip;\n","protected":false},"author":2,"featured_media":35646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[16517,16518,83,16519,15641,6453,16520,5,6,6581],"class_list":{"0":"post-35645","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uk","8":"tag-altyx-financial-planning","9":"tag-aquisitions","10":"tag-france","11":"tag-groupe-allen","12":"tag-ma","13":"tag-mergers","14":"tag-takeovers","15":"tag-uk","16":"tag-united-kingdom","17":"tag-wealth-managers"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116568340704701995","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/35645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=35645"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/35645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/35646"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=35645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=35645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=35645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}