Independent Wealth Planners (IWP) has acquired Southampton-based Encompass Financial Management adding £167m in assets under management and 458 clients for an undisclosed fee.
Encompass, an IFA firm formed in 2004, offers a full range of financial planning services. It has a core focus on lifestyle financial planning with the use of cashflow modelling. Its four directors are Mark Courage, Sean McGonagle, Sue Drake and Wayne Phillips. Courage, who also co-founded the business, said: "We are really excited about the opportunity to work with IWP. It secures what we've worked so hard to deliver and provide by way of service and advice. This alliance will make sure the ethics, professionalism, and culture in our firm can be replicated with the greater support and r...
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