Wren Sterling buys financial planning arm of insurance agency

Adding £200m in assets and 500 families to its client bank

Isabel Baxter
clock • 1 min read

National financial planning business Wren Sterling has acquired the financial planning division of insurance agency Howe Maxted Group.

The group is based in Sidcup in Kent and consists of Howe Maxted Financial Services and Howe Maxted General Insurance, which is being acquired separately by JM Glendinning. Wren Sterling's acquisition of Howe Maxted Financial Services brings in £200m in assets and 500 families to its client bank. Ten members of staff will also be joining the firm, including four advisers. The firm now operates from 14 offices covering 12 locations across the UK and said it has other deals at advanced stages which will further grow its network. Wren Sterling chief executive James Twining said: "Kent...

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

Experienced financial planner launches own firm

Experienced financial planner launches own firm

Set up through the ValidPath network

Isabel Baxter
clock 20 December 2024 • 4 min read
FSCS receives information to progress with Tenet claims

FSCS receives information to progress with Tenet claims

Expects to open online portal in early 2025

Isabel Baxter
clock 19 December 2024 • 2 min read
Titan Wealth secures IWP deal

Titan Wealth secures IWP deal

Brings Titan Wealth’s AUM to approximately £35bn

Isabel Baxter
clock 18 December 2024 • 2 min read