Old Mutual Wealth advice arm acquires Scottish IFA

Adds £200m AUA

Victoria McKeever
clock • 1 min read

Old Mutual Wealth's (OMW) national advice firm OMW Private Client Advisers has acquired Scottish IFA, DG Pryde, adding £200m assets under advice (AUA).

DG Pryde is based in Duns, outside Edinburgh, with the majority of its clients located in London and the South East. Director Douglas Pryde said: "After spending 30 years building DG Pryde, and having conducted extensive due diligence on potential buyers of my business, I'm happy that my clients are being left in capable hands.  "I look forward to working with Old Mutual Wealth Private Client Advisers as a consultant to ensure clients continue to receive the tailored experience they are familiar with."   OMW Private Client Advisers director Dominic Rose (pictured) added: "This is a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

SJP complaints spike in H1 but wealth manager reports recent 'material decrease'

SJP complaints spike in H1 but wealth manager reports recent 'material decrease'

Latest FOS data shows there were 1,426 complaints in H1 2025

Isabel Baxter
clock 30 October 2025 • 5 min read
Continuum's Brown on why advisers miss the 'true secret to growth'

Continuum's Brown on why advisers miss the 'true secret to growth'

Advice boss on 2024 results and the importance of ‘exceptional’ service

Isabel Baxter
clock 27 October 2025 • 4 min read
Hoxton Wealth snaps up £140m Manchester-based advice firm

Hoxton Wealth snaps up £140m Manchester-based advice firm

Acquisition part of strategy to boost North of England presence

Isabel Baxter
clock 27 October 2025 • 2 min read