WEALTH managers Cheviot Asset Management and Quilter & Co are in advanced merger talks.Both have their headquarters in London but Cheviot opened at Liverpool's St Paul's Square last year and Quilter has offices in Manchester and Liverpool.Quilter, with a national office network, is the larger of the two with around £8bn under management. Cheviot has some £4bn.

A spokesman for Cheviot said: “We can confirm we are in advanced discussions with Quilter & Co about a merger of our businesses.

"An......for the full story register now for free or login below...