Double purchase: IWP takes 2021 acquisition total to 10

Combined £360m AUA

Tom Ellis
clock • 1 min read

Financial advice consolidator Independent Wealth Partners (IWP) has snapped up two firms, one based in North East Scotland and one in Surrey for undisclosed fees.

The Scottish firm Alex M Grant, which will add £290m of client assets to the consolidator's books, will join IWP's Aberdeenshire-based Buchanan and Associates, a firm it bought in April earlier this year. Alex M Grant is headed up by its founder of the same name, who is also its principal. Surrey-based Custodian Wealth Management will join IWP's Hampshire and Surrey branch Murdoch Asset Management. The firm, which has 200 clients and £72m of assets under advice, was set up in 2004 by directors and financial planners Branimir Gavrilovic and Richard Sutcliffe. Custodian WM will join Omn...

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 Your profession

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Feel Good Friday: One Four Nine Group raises £40,500 for charity partner

Firm picks three new charity partners for 2026/27

Professional Adviser
clock 24 April 2026 • 1 min read
Deal Dive: 2026 kicks off with a slower start

Deal Dive: 2026 kicks off with a slower start

Deals announced in Q1 2026

Isabel Baxter
clock 24 April 2026 • 3 min read
What Justin Bieber is telling you about your clients

What Justin Bieber is telling you about your clients

‘In our world, success, true success, is delivering someone to their goal’

Chris Justham
clock 22 April 2026 • 2 min read