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

Tessa Lee: The invisible cost of poor client data

Tessa Lee: The invisible cost of poor client data

How can you improve data quality?

Tessa Lee
clock 23 July 2026 • 4 min read
Dean Proctor: Hopes and fears for the new PM and cabinet

Dean Proctor: Hopes and fears for the new PM and cabinet

Stability, simplicity and the chance to do things differently

Dean Proctor
clock 23 July 2026 • 5 min read
Should spousal maintenance be abolished? A modern perspective

Should spousal maintenance be abolished? A modern perspective

Making the case for abolition and retention

Amy Walpole and Karen Brennan
clock 22 July 2026 • 4 min read