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

Former Titan Wealth employee sentenced to community order for harassment

Former Titan Wealth employee sentenced to community order for harassment

Okunola handed 100 hours unpaid work and two-year restraining order

Sahar Nazir
clock 19 September 2025 • 1 min read
PA Awards 2026: Last chance to enter today!

PA Awards 2026: Last chance to enter today!

Celebrating the best in financial planning and advice

Professional Adviser
clock 19 September 2025 • 1 min read
Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Feel Good Friday: Quilter partners to help Armed Forces community become advisers

Wealth manager partners with White Ensign Association and Forces Transition Group

Professional Adviser
clock 19 September 2025 • 1 min read