Employee benefit consultancy Jardine Lloyd Thompson (JLT) has unveiled a new wealth management offering merging its existing services with those of latest acquisition iimia Wealth Management.
JLT Wealth Management will have more than 7,000 clients with over £800m funds under management.
The company provides fee-based advice and discretionary portfolio management to individuals, charities, trusts and corporations.
"Being part of the JLT Group and its huge resource base is incredibly important for the future growth prospects of JLT Wealth Management, and it is appropriate that our name reflects this," says Karen McCaffrey, managing director of JLT Wealth Management (pictured).
Duncan Howorth, chief executive of JLT Employee Benefits, adds: "We have ambitious growth targets outlined for the immediate future and see huge potential for the JLT Wealth Management brand.
"It is our ambition that funds under management will exceed £1bn by 2012."
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