MWA Financial acquires Essex-based CHC Wealth Management

The deal follows the acquisition of Hampshire-based Prosperity Financial Advisors & Stockbrokers in March this year and takes MWA Financial's assets under influence to £380m and its adviser headcount to 19. CHC Wealth Management will retain its name, location and all members of staff with Neil Manning becoming principal wealth adviser at the firm, the company said. Chief executive Campbell Banks launched MWA in 2016 with the goal of recreating here in the UK the holistic advice model prevalent in his native Australia. Banks has more than 25 years' experience developing financial advic...