Waverton and London & Capital set to merge as £17bn wealth manager

Backed by US private equity firm Lovell Minnick Partners

Valeria Martinez
clock • 2 min read

Waverton Investment Management and London & Capital Group have agreed to merge, creating a £17bn independent wealth manager.

The deal, which is subject to regulatory approval, will bring together the international advice and planning expertise of London & Capital with the investment performance and wealth solutions of Waverton. According to the firms, the merger will expand client offerings and international footprints with "enhanced" investment opportunities, financial planning expertise and broader client propositions. Guy McGlashan, chief executive (CEO) of London & Capital, will be CEO of the combined businesses, which will be backed by US-based private equity firm Lovell Minnick Partners (LMP) with a m...

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

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read