View more on these topics

Old Mutual Wealth expands Birmingham advice base with acquisition

Old Mutual Wealth’s financial planning arm has acquired Infiniti Financial Planning, which it will join with recently acquired Premier to form its Birmingham base.

Old Mutual Wealth Private Client Advisers acquired Premier Planning and Premier Wealth in March.

Today it announces the purchase of Infiniti, for an undisclosed sum, which gives advice to around 700 households. The acquisition will add approximately £230m assets under advice to Old Mutual Wealth.

Infiniti’s three advisers, and support staff, will join Old Mutual Wealth’s financial planning arm with managing director Kevin Speake becoming regional director.

Old Mutual Wealth will take on all liabilities for past advice.

Speake says: “The opportunity to grow this business and deliver prosperity and financial security to even more households in the region is something I’m really looking forward to.”

Old Mutual Wealth Private Client Advisers managing director Nigel Speirs says: “I look forward to working with Kevin and his colleagues as we bring together two exceptional financial planning businesses, Infiniti and Premier, to become part of Old Mutual Wealth Private Client Advisers.”


Old Mutual Wealth 2014

Old Mutual overhauls Cirilium fund charges in response to FCA study

Old Mutual Global Investors has changed the charges within the eight-strong Cirilium active and passive multi-asset portfolios in response to the FCA’s push for a fixed fee disclosure. Effective as at 1 June, the range will include a fixed ongoing charge, instead of the current ongoing charge figure. The key difference in the change is that […]

Old Mutual Wealth sets up Birmingham advice base

Old Mutual Wealth is to establish a Birmingham advice business through the acquisition of Premier Planning and Premier Wealth. The deal will come under Old Mutual Wealth Private Client Advisers, the company’s own branded financial planning arm. The acquisition, for an undisclosed sum, will add more than £170m in assets under advice. Premier Wealth managing […]


Standard Life’s 1825 scales back acquisitions focus

Standard Life-owned national 1825 is moving its focus away from acquisitions as it looks to grow adviser numbers at existing firms, Money Marketing understands. Standard Life first announced it would re-enter financial advice with the restricted 1825 brand in February 2015. It acquired Leeds-based advice firm Pearson Jones, and said it planned to expand the […]

The Day of (B)reckoning

A period of exceptional uncertainty started last Friday for the UK, including a fierce leadership battle in a deeply divided Conservative party, the timing of the trigger of the EU’s Article 50, as well as a potential referendum in Scotland, and Northern Ireland. Click here to read the full article

Tax allowances and exemptions

Helen O’Hagan, Technical Manager at Prudential, looks into the planning strategies that can deliver considerable tax savings for your clients. Inheritance tax (IHT) Consider Margaret, featured on our Planning Matters family hub, who is a sprightly eighty year old with four children and several grandchildren. She’s recently been widowed and IHT planning is high on […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment