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...

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