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Deals Of The Day: The Latest In Wealth Management M&A – Titan Wealth, Independent Wealth Planners
Editorial Staff
19 December 2024
Titan Wealth, Independent Wealth Planners For Titan Wealth, the acquisition represents an acceleration of its vertically integrated strategy, it said in a statement. For IWP, it crystallises the work by IWP’s management team in restructuring the group, bringing all trading businesses into two regulated entities and onto one operating platform. IWP will work with Titan Wealth’s other financial advisory businesses, including Titan Wealth Planning. It marks the next chapter in IWP’s growth, providing access to Titan Wealth’s investment solutions and wider network of financial expertise. “It has been a long-term goal of mine and James Kaberry, as founders of Titan Wealth, to acquire and partner with one of the leading IFA platforms in the UK and we are delighted to have fulfilled this ambition with our acquisition of IWP,” Andrew Fearon, joint group CEO and head of mergers and acquisitions at Titan Wealth, said. Titan Wealth was advised by Continuum Advisory Partners (sole financial advisor), White and Case LLP (legal), Deloitte (Financial DD) and Thistle Initiatives (Reg DD). IWP was advised by Jefferies (financial advisor), Proskauer (legal) and PWC (Financial DD).
Headquartered in London, (IWP), a provider of financial planning solutions across the UK, subject to regulatory approval. The transaction encompasses IWP’s two trading entities (IWP Financial Planning and IWP Investment Management) and about £6.6 billion ($8.3 billion) of client assets, bringing Titan Wealth’s total assets under management to about £35 billion.