B.P. Marsh Backs Nine Edge Wealth in Edinburgh IFA Acquisition
- Simon Bourke
- 3 days ago
- 3 min read
18th March 2026
Deal Summary
Nine Edge Wealth Limited, a newly established independent financial advice business, has acquired RMS Limited, an Edinburgh-based advice firm with approximately £70 million in assets under management. The acquisition gives Nine Edge a recurring revenue base and immediate regulatory permissions, allowing the firm to commence operations with offices in London and Edinburgh.
The launch is backed by specialist investor B.P. Marsh & Partners, which has acquired a 30% equity interest in Nine Edge for a nominal consideration and provided a £5 million loan facility to support the firm's growth strategy, of which £1.75 million was drawn at completion. As part of the investment, B.P. Marsh investment director Oliver Bogue joins the Nine Edge board.
About Nine Edge Wealth
Nine Edge Wealth was founded by Derek Miles, previously Chief Executive of Titan Wealth Planning, and Kyle Augustin, former Chief Executive of Fintel IQ, alongside Jo Blake, formerly head of partnerships and events at Titan Wealth. The firm specialises in wealth management and technology-driven business models, with a stated focus on jargon-free financial planning. England Rugby World Cup winner Matthew Dawson also joins as a non-executive director.
About RMS Limited
RMS Limited is an Edinburgh-based financial advice business that serves clients with pension assets exceeding £250,000. The firm holds approximately £70 million in assets under management and provides Nine Edge with an established client base and the regulatory permissions needed to begin trading immediately upon launch.
Why is Nine Edge acquiring RMS?
The rationale behind the acquisition is fairly is straightforward, RMS delivers a functioning revenue stream and regulatory permissions with immediacy, removing the time and cost of building both from scratch.
Beyond establishing a base, Nine Edge's stated ambitions follow a recognisable buy-and-build model. The firm intends to add tax advisory services, wills, executor services, and trusts to its core advice offering, deepening client relationships and diversifying revenue. The £5 million loan facility from B.P. Marsh is intended to support the firm's growth strategy, and the company has described the RMS deal as the cornerstone of a platform for subsequent organic growth and further acquisitions. Derek Miles' own track record reinforces that interpretation: he grew Aspira Corporate Solutions from its founding in 2003 into a national business with approximately £4 billion in assets under advice before its sale to Titan Wealth in 2024.
What Happens Next?
Nine Edge will operate from offices in London and Edinburgh. No further acquisition targets or timelines have been publicly disclosed. The firm has indicated its intention to develop complementary services spanning tax advice, wills, executor services, and trusts, though no specific timetable for these has been confirmed.
B.P. Marsh’s Other Recent Investments
Ventura Risk Partners Holdings Limited – March 2026
B.P. Marsh acquired a 25% equity interest in Ventura for a nominal consideration and provided a £2 million loan facility. Ventura is a newly formed insurance broker focused on placing energy risks into the Lloyd's and wider London insurance markets.
Sodalis Capital Limited – November 2025
B.P. Marsh invested £5.3 million for cumulative preferred shares representing approximately 26.67% of Sodalis, a newly formed insurance intermediary group focused on UK and international underwriting, wholesale broking and related services. The business was established to pursue a buy-and-build strategy.
Oneglobal Broking Holdings Limited – September 2025
B.P. Marsh subscribed £10 million for cumulative convertible preferred shares, equating on conversion to a 10% fully diluted stake in Oneglobal, a London-based international retail and wholesale insurance broker majority-owned by J.C. Flowers.
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