OMW adds £120m with latest acquisition

Has acquired Maestro Financial Services

Carmen Reichman
clock • 1 min read

Old Mutual Wealth Private Client Advisers has acquired Maestro Financial Services (Maestro), adding £120m in assets under advice to the growing business.

The Cheadle-based business will become part of Old Mutual Wealth's national advice firm and operate as part of its Chester region. Owner and managing director Niel Lingwood will join Old Mutual Wealth Private Client Advisers, alongside additional support staff. Maestro was set-up by Lingwood in 1984. In 2010 it acquired the financial planning business of Kay Webb & Co. Old Mutual Wealth Private Client Advisers managing director, Nigel Speirs said: "In 2015 we launched Old Mutual Wealth Private Client Advisers with the aim of helping a growing number of UK households realise the ben...

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