Clarion Wealth Planning owner seals MBO deal after almost 40 years

Alderley Edge-based IFA bought by management team

Jenna Brown
clock • 2 min read

Clarion Wealth Planning owner Ron Walker has sold 60% of his shareholding to his management team 39 years after establishing the business.

The management buyout (MBO) at the Alderley Edge-based financial planning business sees John Winstanley take over running the firm along with four other directors. Walker, a founding member of the Institute of Financial Planning and now part of the Chartered Institute for Securities & Investment, will remain with the firm for at least five more years. Chairman Keith Thompson will also remain in place. Walker founded Clarion Wealth Planning in 1985 and was a "pioneer" in fee-based financial planning, the firm said.  The deal sees the management team buy 60% of the shares in the prev...

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 Companies

Aegon's adviser platform sees improved net outflows of £1.4bn

Aegon's adviser platform sees improved net outflows of £1.4bn

Provider aims to return adviser platform to growth by 2028

Isabel Baxter
clock 21 August 2025 • 3 min read
Benchmark pushes cash solutions for advisers with Insignis partnership

Benchmark pushes cash solutions for advisers with Insignis partnership

Insignis is a London-based cash management platform

Isabel Baxter
clock 21 August 2025 • 2 min read
Hoxton Wealth launches financial planner career programme

Hoxton Wealth launches financial planner career programme

Three-year programme for aspiring planners

Isabel Baxter
clock 20 August 2025 • 3 min read