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

Treasury's AR consultation: Extending the FOS' scope a 'concern'

Treasury's AR consultation: Extending the FOS' scope a 'concern'

‘FOS needs to be overhauled as it is’

Isabel Baxter
clock 19 February 2026 • 4 min read
In Accord launches advice firm client investment 'badge' initiative

In Accord launches advice firm client investment 'badge' initiative

To demonstrate commitment to understanding client needs

Laura Purkess
clock 17 February 2026 • 2 min read
Feel Good Friday: Quilter pledges £3m towards financial education

Feel Good Friday: Quilter pledges £3m towards financial education

Alongside £1m in grants supporting charities

Professional Adviser
clock 13 February 2026 • 1 min read