Interview with Isabel Baxter
20th March 2026
https://www.professionaladviser.com/interview/4527249/big-bought
With more bigger deals being seen, Catalyst Partners partner Roderic Rennison joins the team in the studio to talk about what this means for the future of private equity activity in the advice space…
This episode of Professional Adviser TV unpacks what those contemplating a sale should be considering in light of recent market developments, as well as touches on recent big deals.
Rennison highlighted NatWest’s purchase of Evelyn Partners for £2.7bn and Nuveen’s buy of Schroders for £9.9bn.
On the deals, he shared his views on why banks have chosen now to re-enter into the financial advice market.
The Financial Conduct Authority’s consolidation review was also discussed. Rennison spoke on its already witnessed impact and how he thinks it is going to change M&A going forward.
Finally, the episode unpacks where private equity money may go in 2026, what will investors be looking for in a business, if more larger firms will be acquired in the advice space, and if there will be more changes in private equity ownership going forward.
Roderic Rennison is a founding partner of Catalyst Partners