Consolidator Independent Wealth Planners makes ninth acquisition

Brings aboard DFM

Hannah Godfrey
clock • 1 min read

Growing consolidator Independent Wealth Planners UK (IWP) has acquired Stevenage-based financial planning firm Richmond House Wealth Management.

The move marks IWP's ninth acquisition and its fourth of 2020, having already acquired Lancashire IFA Prosper Wealth Management, Scottish firm AGL WM in February, and Clairville York earlier this month.  Established in 1964 and headquartered in Stevenage, Richmond House will become IWP's regional hub in the Hertfordshire area. The firm has 35 staff and in 2006 launched a discretionary management service. IWP is a relatively new player in the sector. In 2020 it announced its intention to launch a national brand, with a plan to establish a nationwide presence with about 50 offices and b...

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