Old Mutual Wealth advice arm acquires Scottish IFA

Adds £200m AUA

Victoria McKeever
clock • 1 min read

Old Mutual Wealth's (OMW) national advice firm OMW Private Client Advisers has acquired Scottish IFA, DG Pryde, adding £200m assets under advice (AUA).

DG Pryde is based in Duns, outside Edinburgh, with the majority of its clients located in London and the South East. Director Douglas Pryde said: "After spending 30 years building DG Pryde, and having conducted extensive due diligence on potential buyers of my business, I'm happy that my clients are being left in capable hands.  "I look forward to working with Old Mutual Wealth Private Client Advisers as a consultant to ensure clients continue to receive the tailored experience they are familiar with."   OMW Private Client Advisers director Dominic Rose (pictured) added: "This is a...

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 Companies

Scottish wealth firm declared failed by FSCS

Scottish wealth firm declared failed by FSCS

Over investment and pension advice

Isabel Baxter
clock 17 April 2025 • 1 min read
Continuum's assets hit £2.5bn following M&G-buyout completion

Continuum's assets hit £2.5bn following M&G-buyout completion

Adviser numbers continue to grow

Isabel Baxter
clock 17 April 2025 • 1 min read
Kingswood AIM shares cancelled amid PE takeover

Kingswood AIM shares cancelled amid PE takeover

Going private under ownership of Pollen Street Capital’s HSQ

Jen Frost
clock 17 April 2025 • 2 min read