Total Wealth Planning merges with multi-asset firm Apollo

The firm's two business units of asset management and wealth management will remain separate but will benefit from sharing technology, back office and operational capabilities. As part of the merger, co-founder of Intrinsic Financial Services and Bellpenny Kevin Ronaldson has joined the board as chairman. Based in Surrey, the new business will be called Apollo MAM Group with plans to grow to a firm with £2bn AUM. Simon Youlton, CEO of TWP commented: "For our clients, our team and me personally this merger is a progressive step built on years of trust and credibility achieved throug...