National wealth management firm The Private Office (TPO) has increased its presence in the capital with the acquisition of London-based Chartered financial planning firm John Lamb Wealth Management.
The team at John Lamb will move into TPO's office in Charter Lane, which now has 17 advisers and two trainee advisers. The newly combined business, which also includes TPO sister company cash savings expert Savings Champion, has an annual turnover of more than £12m and plans to increase this to more than £50m in the next five to seven years. The move marks TPO's third London acquisition, following that of PQR Financial Planning in 2016 and SRLV Financial earlier in the year. The firm now has £1.3bn funds under management. TPO chief executive Stuart Phillips said the firm plans to g...
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