News

14
Feb

£40m of assets under advice added to Old Mutual Wealth

Old Mutual Wealth Private Client Advisers has announced the acquisition of A&M Financial Services.
Clients of the Wiltshire-based financial planning business will be serviced from Old Mutual Wealth Private Client Advisers’ London office.
The acquisition adds £40 million of assets under advice to the national financial planning business.
Since Old Mutual Wealth Private Client Advisers was created in 2015 the business has established a national presence through a series of acquisitions and organic recruitment growth and now has six regional hubs across the country.
The business employs more than 50 financial advisers across the UK and continues to grow. This includes the recruitment of new entrants to the financial planning industry that have graduated through Old Mutual Wealth’s Financial Adviser School, the dedicated training centre designed to support the next generation of financial advisers.
Old Mutual Wealth Private Client Advisers was established to serve affluent and high net worth individuals and their families, and over a third (38%) of its clients have in excess of £1m in personal wealth with the national financial advisory business.
Dominic Rose, director at Old Mutual Wealth Private Client Advisers, says:
“This is a fantastic opportunity to grow our business and give A&M’s clients continued access to quality, face-to-face financial planning. A&M is a firm that has focused on providing a personalised service in London and the South East of England, making it a good cultural fit with Old Mutual Wealth Private Client Advisers and our commitment to providing exemplary client service.”