Loyal North completes double IFA firm acquisition adding £56m

Buys IF Wealth and Powell Financial Planning

Jenna Brown
clock • 2 min read

Loyal North has bought two IFA businesses - IF Wealth and Powell Financial Planning – adding £56m in client funds to the group.

IF Wealth, based in Hertford, and Powell FP, based in Chelmsford, Essex, will become part of the national advice firm's regional hub Gerald Pepper Financial Management (GPFM), also based in Hertford. The purchases will see £16m in client assets flow from IF Wealth and £40m from Powell FP. Powell FP shareholder and Chartered financial planner Colin Powell will join GPFM as a senior financial planner. Fellow shareholder and paraplanner Katherine Waspe Powell will join GPFM as a senior paraplanner. Grant Hazard of IF Wealth will assist GPFM with overseeing the transition and integration ...

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

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Angela Rayner resigns after ethics report finds warnings ignored on tax advice

Following investigation

Sahar Nazir
clock 05 September 2025 • 2 min read
What will cryptocurrency regulation mean for financial advice?

What will cryptocurrency regulation mean for financial advice?

‘Regulation doesn’t automatically make something a sound investment’

Isabel Baxter
clock 05 September 2025 • 8 min read
Wealth management M&A: Integration is the competitive advantage

Wealth management M&A: Integration is the competitive advantage

'M&A is reshaping UK wealth management at an unprecedented pace'

Jim London
clock 05 September 2025 • 4 min read