Deloitte offloads IPC business in MBO

The new business will serve high-net worth and ultra-high-net worth clients, offering investment, advisory and pensions advice

LJ Group, an independent merchant banking boutique, has backed a management buyout of Deloitte’s pension and investment consulting and advisory business serving wealthy clients.

The management buyout of Deloitte Investment and Pension Consulting has led to the creation of a new business called LJ Athene Investment Advisors. Terms of the agreement have not been disclosed.

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