Titan Wealth acquires Square Mile adding £2.6bn in MPS assets

Acquisition will see 'further expansion' of MPS proposition

Elliot Gulliver-Needham
clock • 1 min read

Titan Wealth has entered a deal to acquire Square Mile Investment Consulting and Research (Square Mile) and the firm’s £2.6bn model portfolio services (MPS) book of assets.

According to a statement from Titan, all staff, including its 21 research analysts, will be retained from Square Mile and the firm will continue to operate under its own brand. Square Mile chief executive (CEO) Richard Romer-Lee will become joint head of Titan's investment management division. He will be joined by Square Mile's chief investment officer Mark Harries, chief operations officer Lisa Juniper, strategic relationships director Jock Glover and research and consulting director Diane Earnshaw. Commercial director Steve Kenny left the firm in March of this year. Square Mile w...

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 Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read