IWP buys West Midlands firm as it makes 13th aquisition

The deal takes IWP's total acquisitions in 2020 to eight. Earlier this month (2 September), the firm acquired Kilmarnock-based financial firm Gilmour Hamilton Wealth Management (GHWM).

It had already acquired Lancashire IFA Prosper Wealth Management, Scottish firm AGL WM in February, Clairville York, Richmond WM and Cornwall-based Westinsure Webb Financial Services. Last month, IWP acquired Milton Keynes-based Carnelian Capital Management, boosting the firm's presence in the South East and in June, it acquired Richmond House Wealth Management.

The acquisition of Solihull-based Beyond will grow IWP's presence in the West Midlands and will add assets under advice of £58m. It will join the firm's regional hub, Alexander Grace.

Beyond director Tony O'Driscoll will remain at the firm, continuing to lead the team of paraplanners and administrators.

O'Driscoll said: "Our business is built on helping people achieve and maintain their desired lifestyle, so clients are always at the centre of everything we do. This is why Alexander Grace was such a good fit for us.

"Combined with the central support that comes from being part of IWP I am excited to see continued growth at Beyond Financial as well as the benefits for our existing clients."

Meanwhile, Alexander Grace CEO Neil Padget said they are thrilled to welcome Beyond to the IWP team. "This acquisition represents a great first step in our plans for growth, building IWP's presence and reputation in the West Midlands."

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