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Old Mutual Wealth buys Cheshire advice firm


Old Mutual Wealth Private Client Advisers has acquired Cheshire-based JW Financial Planning for an undisclosed sum.

Two advisers and two support staff will join Old Mutual as part of the deal. JW Financial Planning, which launched in 2006, has more than £100m assets under advice.

Old Mutual Wealth Private Client Adviser managing director Nigel Speirs says: “It has been a particularly exciting month, with the business gaining significant momentum by finalising some important acquisitions.

“It is fantastic to be able to mark year two of our journey by welcoming clients and staff from JW into Old Mutual Wealth Private Client Advisers.”

Old Mutual Wealth says its acquisition of Beaumont Robinson is expected to complete at the end of this month.

By the end of 2016 the business aims to have more than £1bn in assets under advice and more than 40 employed advisers.

It completed the acquisition of Devon-based DQS in October.


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