IWP acquires mother-daughter firm Acuity WM

£85m AUM

Tom Ellis
clock • 1 min read

Advice consolidator Independent Wealth Planners (IWP) has bought Acuity Wealth Management for an undisclosed fee.

The Yorkshire-based firm, run by Janet Comrie and her daughter Sarah Dougal, has added £85m assets under management and 228 clients. The pair have worked together for more than two decades and have four administrative staff and a paraplanner at the firm, all of whom will remain, IWP said. Acuity will become the founding firm of IWP Advisory Services, the consolidator said, which is the group's D2C channel, providing advice to clients who cannot travel to their local office or prefer to be advised virtually. The acquisition of Acuity WM represents IWP's 26th acquisition.  AWM direct...

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

Professional Adviser TV: Creative ways to tackle the advice gap

Professional Adviser TV: Creative ways to tackle the advice gap

With Octopus Money CEO Ruth Handcock and financial adviser Kristian Manton

Professional Adviser
clock 25 April 2025 • 1 min read
Economic secretary confirms wholesale ISA review as experts demand sweeping reform

Economic secretary confirms wholesale ISA review as experts demand sweeping reform

LISA reform front and centre

Beth Brearley
clock 24 April 2025 • 2 min read
 MorganAsh introduces customer support tracking to vulnerability platform

MorganAsh introduces customer support tracking to vulnerability platform

Recording suggested next steps

Jaskeet Briah
clock 24 April 2025 • 2 min read