Titan Wealth Expands, Acquiring IWP Adding £6.6bn in AUM
- Simon Bourke
- Dec 18, 2024
- 2 min read
Updated: Jun 12
18th December 2024
Titan Wealth has announced the acquisition of Independent Wealth Planners (IWP), a significant move strengthening its position in the UK financial planning market. Subject to regulatory approval, this deal consolidates IWP’s client assets totalling £6.6bn, bringing Titan Wealth’s total assets under management and advice to £35bn.
This acquisition accelerates Titan Wealth’s vertically integrated strategy, which combines independent financial advice, investment management, and custody solutions. IWP, a prominent IFA platform, has undergone substantial restructuring, streamlining its operations into two regulated entities to enhance the client experience. As a result, Titan Wealth now ranks among the largest financial planning firms in the UK, managing over £14bn in assets under advice.
Andrew Fearon, Joint Group CEO and Head of M&A at Titan Wealth, emphasised the strategic importance of this move: “It has been a long-term goal of mine and James Kaberry to acquire and partner with one of the leading IFA platforms in the UK. IWP is a fantastic business, with some of the best advisers in the country managing approximately £6.6bn worth of client assets. We are honoured to continue their journey alongside them.”
Rob Allen, CEO of IWP Holdings, added: “Joining Titan Wealth represents a fantastic next step. Their commitment to enhancing the client journey aligns with our vision, and this partnership will deliver significant benefits for both clients and colleagues.”
The acquisition comes at a crucial time for IWP, which has faced financial challenges and owes £147m in loans to private credit giant Ares, which also backs Titan Wealth. Citywire reported on discussions between the two firms earlier this year, and the transaction was finalised following a period of speculation.
This deal also underscores Titan Wealth’s ongoing growth strategy, which included last year's acquisition of Square Mile Investment Consulting. The alignment of IWP advisers with Square Mile’s services further supports Titan’s integrated offering.
For the UK financial advice market, Titan’s acquisition of IWP highlights the continuing trend and increasing role of private credit-backed firms in shaping the consolidation landscape. It reflects a broader trend of firms seeking scale, operational efficiency, and enhanced service delivery through mergers and acquisitions.
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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