The Private Office marks first acquisition in seven years

The acquisition will add approximately £100m in assets under management (AUM), taking TPO's total AUM to more than £3.1bn, with an annual turnover of £32.5m. HEB Wealth is led by managing director Steve McDermott and director Elaine Merritt. HEB Wealth's Leeds location is close to TPO's head office, which TPO said supports operational integration. As part of the deal, both McDermott and Merritt will join TPO, "bringing valuable experience and ensuring a seamless transition for clients," it said. "This offers not only stability and continuity for HEB's clients but also access to ...