Tilney to acquire Midlands-based advice firm

£243m AUM

Hannah Godfrey
clock • 1 min read

Tilney is set to acquire Midlands-based Index Wealth Management, with its £243m assets under management (AUM), subject to regulatory approval.

The acquisition is expected to boost Tilney's presence in the Midlands and will see three Chartered financial planners and three paraplanners join the business. Index Wealth Management founding partner Les Phillips said the firm had been thinking of joining a bigger business for some time. "We are very proud of the business we have built over the last 14 years but have also been thinking carefully about the future," he said. "Over time we have come to recognise the benefits of becoming part of a bigger group, with significant resources."   Tilney appoints new head of financial p...

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

Evelyn Partners CEO and financial planning boss join Natwest executive committee

Evelyn Partners CEO and financial planning boss join Natwest executive committee

Christopher Kenny and Emma Sterland made MDs

Sophia Panayi
clock 16 July 2026 • 1 min read
Fairstone makes double IFA acquisition

Fairstone makes double IFA acquisition

Snaps up Grainger Financial Planning and Riverstone Wealth Management

Isabel Baxter
clock 16 July 2026 • 2 min read
Finli buys seven advice firms in Q2 adding £269m in AUM

Finli buys seven advice firms in Q2 adding £269m in AUM

Completed 13 acquisitions in first half of 2026

Jenna Brown
clock 16 July 2026 • 1 min read