OMW advice arm makes £33m acquisition

Firm founder retiring

Hannah Godfrey
clock • 1 min read

Old Mutual Wealth's (OMW) advice arm Private Client Advisers has bought Yorkshire-based IFA firm Coleman Clough, its fifth acquisition this year.

The deal brings £33m of assets under management to the national financial planning business. Coleman Clough's founder, director and sole adviser Roy Clough will be retiring, though will remain with the business for a transition period. OMW Private Client Advisers managing director Nigel Speirs said Coleman Clough had a reputation for professional and personalised service.  "This is a reputation earned by Roy and we look forward to building on that fantastic work by continuing to deliver above and beyond expectations for clients." Clough added: "I look forward to working with Old...

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

FCA proposes overhaul of client categorisation rules

FCA proposes overhaul of client categorisation rules

In response to industry calls for a more flexible regime

Sahar Nazir
clock 08 December 2025 • 2 min read
Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

Barclays weighs bid for £2.5bn Evelyn Partners as major banks circle – report

NatWest and Lloyds Banking Group reportedly among firms considering offers

Sahar Nazir
clock 08 December 2025 • 1 min read
Andrew Goodwin on the Budget: Three key lessons for advisers

Andrew Goodwin on the Budget: Three key lessons for advisers

'Pretty much everybody has taken a hit'

Andrew Goodwin
clock 08 December 2025 • 4 min read