Consolidator IWP grows South East hub with latest acquisition

Sixth 2020 acquisition

Hannah Godfrey
clock
 “I am excited for the next phase of growth for both Carnelian and Richmond House Wealth Management" - Jonathan Howard.
Image:

“I am excited for the next phase of growth for both Carnelian and Richmond House Wealth Management" - Jonathan Howard.

Growing consolidator Independent Wealth Planners UK (IWP) has acquired Milton Keynes-based Carnelian Capital Management, boosting the firm’s presence in the South East.

The acquisition will bring scale to one of IWP's existing consolidated firms, Richmond House Wealth Management, which became IWP's fourth acquisition of 2020 in June. The move marks IWP's eleventh acquisition...

To continue reading this article...

Join Professional Adviser

 

  • 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

Figures published in April1 showed the continued popularity of sustainable funds, with £1.8 billion pouring in, according to M&G

Third of UK investors turn to advisers for ESG support - M&G

'Lack of knowledge'

clock 25 May 2022 • 2 min read
The firm agreed to a cease-and-desist order and a censure

SEC fines BNY Mellon Investment Adviser $1.5m for greenwashing

ESG reviews not performed

Lauren Mason
clock 24 May 2022 • 1 min read
Dealing with private equity 'like getting into bed with a gorilla'

Dealing with private equity 'like getting into bed with a gorilla'

Advice firm CEOs discuss key topics

Tom Ellis
clock 23 May 2022 • 1 min read