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

Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read
Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read