West Lancashire-based Acumen acquires Wyre Investments

Adds £40m FUM

Sophie King
clock • 1 min read

West Lancashire-based IFA Acumen Financial Partnership has expanded further north through the acquisition of Piling-based, Wyre Investment and Financial Management.

The West Lancashire-based firm has joined up with a company based in Piling, Wyre. Acumen was found3ed in 2006, with its head office in Burschough and has taken on two staff, 400 active clients and funds under management of around £40m. Acumen founder Angela Maher has said that Acumen has achieved a record growth of over 60% in the last two years. "This acquitision is another important step forward as it sees us significantly increase our client base, open our first branch office and gain a foothold in North Lancashire." She added: "This process has taken many months of delibera...

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

Schroders warns advisers: 'Nowhere to hide' from FCA's SDR

Schroders warns advisers: 'Nowhere to hide' from FCA's SDR

Rich Fox sheds light on firms’ readiness for upcoming SDR

Sahar Nazir
clock 14 May 2024 • 1 min read
Adviser supply and demand imbalance 'a pressing issue'

Adviser supply and demand imbalance 'a pressing issue'

James Rainbow underscores urgency of attracting new advice talent

Sahar Nazir
clock 14 May 2024 • 2 min read
Two-thirds of IFAs and wealth managers now advising on cash

Two-thirds of IFAs and wealth managers now advising on cash

There has been a 47% increase in cash advice over the last three years

Isabel Baxter
clock 14 May 2024 • 3 min read