Harwood Wealth Management has spent an estimated £4.3m on seven acquisitions this calendar year, with five of those deals completed and the remaining two close to completion.
The financial planning and discretionary wealth management business was able to confirm that among the five completed acquisitions were Hampshire-based firm GD White and Somerset-based IFA Castleton Financial Planning, which was acquired back in February. Harwood added these acquisitions had helped take its assets under influence to £5.3bn as of 30 April 2019, having added £500m in the six months to that date. Its assets under management (AUM) increased by £100m in the same period, growing to £1.8bn. Since its inception in 2004, the consolidator has acquired 70 businesses, nine of whi...
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