The Private Office ups London presence with PQR acquisition

‘Platform for further growth' - TPO

Julian Marr
clock • 2 min read

Leeds-based wealth management company The Private Office (TPO) has acquired London financial planner PQR Financial Planning in a cash and equity deal that sees its funds under management boosted by a third.

TPO, which was founded in Leeds in 2008 and launched its London base in 2013, acts for more than 900 clients and has 56 staff, including 17 advisers, and around £750m in funds under management. City-based PQR, which was founded in 2003, has 23 staff, including 11 advisers, and about £250m in funds under management. The firm's two London offices will trade as TPO and PQR, Part of the TPO Group, before consolidating into PQR's existing offices in Victoria from January. The enlarged business, which also includes TPO sister company SavingsChampion.co.uk. is expected to have a turnover of £8....

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

Manchester firm declared failed by FSCS over pensions advice

Manchester firm declared failed by FSCS over pensions advice

Pension Advice Specialists, trading as Ashworth Wealth, no longer exists

Isabel Baxter
clock 26 March 2024 • 1 min read
Third Financial's 'laser-like' focus following Nucleus acquisition

Third Financial's 'laser-like' focus following Nucleus acquisition

‘Adviser platforms are more nuanced than just outsourced versus in-house’

Isabel Baxter
clock 26 March 2024 • 3 min read
Fairstone makes first advice firm buy of 2024 adding £110m in assets

Fairstone makes first advice firm buy of 2024 adding £110m in assets

Consolidator acquires Nottingham-based James Ryan Thornhill

Isabel Baxter
clock 26 March 2024 • 1 min read