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 ...

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