Growing consolidator IWP acquires south west firm in fifth acquisition of 2020

£70m AUA

Hannah Godfrey
clock • 1 min read

Consolidator Independent Wealth Planners UK (IWP) has acquired adviser firm Westinsure Webb Financial Services, boosting the firm's presence in the south west.

The Cornwall firm has been serving clients for more than 60 years. Two advisers work at the firm, handling a total £70m assets under advice. The move marks IWP's tenth acquisition and its fifth of 2020, having already acquired Lancashire IFA Prosper Wealth Management, Scottish firm AGL WM in February, and Clairville York and Richmond House WM in June.  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 businesses. In November 2019, it said it was in active...

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 Your profession

Supporting high-net-worth families through conflict

Supporting high-net-worth families through conflict

'Advisers need to understand the emotional weight that accompanies the numbers'

Richard Montague
clock 26 May 2026 • 5 min read
Advisers say sustainable investing is set for a comeback – research

Advisers say sustainable investing is set for a comeback – research

Some 36% say sustainable investing is currently in favour

Sophia Panayi
clock 26 May 2026 • 3 min read
News editor's view: Let's give it up for the small advice firms

News editor's view: Let's give it up for the small advice firms

The news editor's Friday Night Takeaway from 22 May

Isabel Baxter
clock 22 May 2026 • 4 min read