Marlborough makes 'significant' investment in London-based planner First Wealth

First Wealth manages approximately £480m of assets

Sahar Nazir
clock • 2 min read

Marlborough has made a “significant” investment in First Wealth, giving it a minority shareholding in the business.

Marylebone-based financial planner First Wealth employs 25 staff, including eight financial planners, and manages approximately £480m of assets for around 600 clients and their families. First Wealth will use the investment to recruit additional staff and invest in technology. In addition, it will invest in First Wealth Private Office, which is the firm's service for high-net-worth individuals, where it sees an "exceptional opportunity" for growth. Marlborough CEO Richard Goodall said: "We've known First Wealth for a number of years and the team have greatly impressed us. They're a hi...

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

Professional Adviser TV: Tackling the advice gap more creatively

Professional Adviser TV: Tackling the advice gap more creatively

This episode of Professional Adviser TV sees Octopus Money CEO Ruth Handcock and Chartered financial adviser Kristian Manton join the team in the studio to talk about the advice gap.

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read