Fidelius and Timothy James & Partners Merge to Form £3bn Wealth Advice Firm
- Simon Bourke
- May 30
- 2 min read
Updated: Jun 12
30th May 2025
Fidelius has announced a merger with Timothy James & Partners (TJP), a London-based wealth manager. This merger takes the combined group’s AUM to over £3bn and marks a significant step in building scale, infrastructure, and national presence in the UK’s advice sector.
The merger will unite 50 advisers and generate more than £30m in annual revenue, with offices located in Bath, Cheltenham, Chelmsford, London, and Nottingham. Although TJP will become part of Fidelius, it will retain its name and branding. This decision reflects a shared commitment to maintaining continuity and identity within a broader group framework. TJP’s founder and managing director, Tim Whiting, will lead a new team focused on high-net-worth and complex clients, while the existing senior management team will remain in place.
Fidelius CEO Ian Fowler described the merger as a significant milestone in the firm’s five-year growth plan. The deal aims to enhance centralised services, create a centre of excellence, and support a growing network of advisory brands. The ambition is to become the UK’s leading independent chartered advice firm. Whiting highlighted that Fidelius's operational and corporate infrastructure investment will enable TJP advisers to spend more time with clients and less on back-office management.
This merger follows Fidelius’s rebrand and its public commitment to doubling its assets under management by 2029. It also continues recent M&A activity in the advice sector, including the £25bn merger between Mattioli Woods and Kingswood, Saltus’s acquisition of Delta Financial Management, and Bain Capital’s investment in Openwork. Although the Fidelius–TJP deal is smaller in scale, it shares the same principle of leveraging cultural fit and infrastructure improvements to strengthen market positioning and expand regional reach.
TJP’s previous majority owner, Swedish wealth manager Söderberg & Partners, remains involved in the deal, illustrating the increasing cross-border interest in the UK advice market. In an industry where scale, integration, and specialisation are key to success, this merger embodies a sensible strategy: consolidate strengths, preserve identity, and invest in capacity to enhance client relationships.
At Chapters Capital, we specialise in financial planning and wealth management M&A and understand the importance of strategic acquisitions for growth. Whether you are considering a sale, merger, or expansion or want to learn more about buyers in the space, please contact one of our professional associates today for a confidential, no-obligation consultation.
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