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...
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