IWP adds £167m in assets with Encompass acquisition

Expansion in Hampshire

Jenna Brown
clock • 1 min read

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...

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 Companies

Redundancies 'likely' as Shackleton powers up with Hurst Point buy

Redundancies 'likely' as Shackleton powers up with Hurst Point buy

Deal to create £17.5bn AUMA business

Isabel Baxter
clock 18 May 2026 • 3 min read
Essex advice firm declared failed

Essex advice firm declared failed

Kapwealth is no longer trading

Isabel Baxter
clock 15 May 2026 • 2 min read
'Netflix for your finances': Money coaching startup targets advice gap

'Netflix for your finances': Money coaching startup targets advice gap

Jess Biggs launches Harman Wealth

Sophia Panayi
clock 13 May 2026 • 3 min read