Financial advice consolidator Independent Wealth Partners (IWP) has snapped up two firms, one based in North East Scotland and one in Surrey for undisclosed fees.
The Scottish firm Alex M Grant, which will add £290m of client assets to the consolidator's books, will join IWP's Aberdeenshire-based Buchanan and Associates, a firm it bought in April earlier this year. Alex M Grant is headed up by its founder of the same name, who is also its principal. Surrey-based Custodian Wealth Management will join IWP's Hampshire and Surrey branch Murdoch Asset Management. The firm, which has 200 clients and £72m of assets under advice, was set up in 2004 by directors and financial planners Branimir Gavrilovic and Richard Sutcliffe. Custodian WM will join Omn...
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