Bowmore Wealth Group adds £135m in AUM with two IFA buys

The independently owned wealth management business bought DWA Protector and Rogate Capital to expand its London presence. The double deal increased Bowmore's total AUA to £650m. The growing business added that it was on track to organically add an additional £80m in AUM this financial year. Bowmore said the acquisitions would allow clients at both firms to benefit from its "broader integrated offering, including chartered financial planning and investment management services". ‘Highly selective' Bowmore CEO Mark Incledon said the acquisitions reflected its "disciplined approac...