W1M Wealth Management has bought independent wealth and investment management partnership Vermeer Partners.
The deal, which is still subject to regulatory approval, represents the first acquisition by W1M since Waverton and London & Capital’s merger in July 2024 and the rebrand to W1M in June 2025.
It is expected to be completed in the Spring 2026.
W1M Wealth and Investment Management CEO, Guy McGlashan, said: “At W1M, we are building what we believe to be a truly distinctive proposition that caters to an increasingly complex, international, and multigenerational wealth landscape.
“Our integrated model brings together wealth advice, investment management, and reporting under one roof in a way we believe sets us apart from what the market currently offers.”
McGlashan added that delivering on that vision requires scale, not for its own sake, but to ensure W1M can continue to grow and compete effectively in a consolidating market.
“While organic client growth remains our core focus, we are also actively seeking high-performing teams and businesses that share our values and would find a welcoming home at W1M, both culturally and strategically, for their people and their clients,” he continued.
“Vermeer fits that vision perfectly. We are delighted to welcome them into the business and will ensure a seamless transition for their clients.
“Our priority will be to continue delivering outstanding service while introducing them to the broader wealth offering that makes W1M unique; something we believe will add immediate and lasting value.”
The acquisition is part of the company’s ambition to become “one of the leading integrated wealth and investment managers in the UK”.
Established in 2018, Vermeer, which has over £2bn in assets under management, serves a large network of HNWs, intermediaries, charities, and trusts.
The deal offers its clients access to W1M’s investment capability, financial advisory services, international expertise and broader client propositions.
Vermeer Partners executive chair, Simon Melling, said: “In W1M, Vermeer has found a partner that provides the breadth of capability our clients demand, and which also shares our client-first ethos and long-term investment philosophy.”
He additionally stated that the combination will enable the Vermeer team to meet an “evolving set of client needs” against the backdrop of a fast-changing industry landscape.
“There is no doubt within the Vermeer team that W1M will be an outstanding home for both current and prospective clients and our team,” he added.
“We are delighted to be joining their exciting journey to become one of the UK’s leading wealth managers.”
tom.dunstan@ft.com
What’s your view?
Have your say in the comments section below or email us: ftadviser.newsdesk@ft.com
