Digital wealth manager Moneyfarm acquires investment firm Willis Owen

Brings group total assets to more than £5bn

Isabel Baxter
clock • 1 min read

Digital wealth manager Moneyfarm has acquired investment firm Willis Owen Limited, subject to regulatory approval.

This acquisition brings Moneyfarm's group total assets to more than £5bn and marks the firm's third in the UK over the past three years. The deal follows its integrations of Profile Pensions and Wealthsimple's UK book of business. The completion of the transaction is expected to be finalised in the first quarter of 2025. Moneyfarm said its hybrid approach to wealth management, combining digital tools with human advice, aligns "seamlessly" with Willis Owen's "heritage of customer-centricity". "At a time when more people are seeking support to navigate the complexities of financia...

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

Aegon continues platform growth trajectory as AUA hits £115bn

Aegon continues platform growth trajectory as AUA hits £115bn

Provider ‘gaining traction’ on targeting the top 500 advice firms

Isabel Baxter
clock 20 February 2025 • 2 min read
FSCS' Independently East investigation nears completion

FSCS' Independently East investigation nears completion

Advice firm entered liquidation in 2023

Isabel Baxter
clock 19 February 2025 • 1 min read
FOS upholds complaint against Quilter AR over unsuitable ISA advice

FOS upholds complaint against Quilter AR over unsuitable ISA advice

Promised client that investments would repay mortgage by 2025

Isabel Baxter
clock 18 February 2025 • 3 min read