Former Quilter directors launch wealth manager through acquisition of London IFA

Purchased MKC Wealth

Elliot Gulliver-Needham
clock • 1 min read

Former Quilter directors Dominic Rose and Nigel Speirs have launched a wealth manager after acquiring MKC Wealth, backed by growth capital specialists Cabot Square Capital.

MKC Wealth is a London-based boutique firm of IFAs and the pair plan to expand through the acquisition of other firms, as well as through organic growth. They also said they were close to completing another takeover. Rose (pictured) was previously strategy and acquisitions director for Quilter Private Client Advisers, will become CEO and Speirs, formerly managing director, will become executive chairman. The team also said that all staff in the business will become shareholders and staff remuneration (including for the CEO) will be explicitly linked to client feedback. Rose said: "...

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