Titan Wealth has announced the acquisition of two more firms, bringing its total assets under management and advice (AUMA) to £37bn.
It has purchased East Anglia-based advisory and discretionary portfolio management firms Finance Shop Limited and FS Wealth Management Limited.
The deal is subject to regulatory approval and the two firms will become part of the Titan Wealth Group.
With £750m in assets under advice (AUA), Finance Shop offers face-to-face independent services on retirement, investment, mortgage, tax-planning and protection for personal and corporate clients across the UK.
FS Wealth Management, meanwhile, offers DPM, with £340m assets under discretionary mandate, creating tailored investment portfolios for clients.
Established in 1990, the firm has grown significantly and now has over 4,000 clients across the UK.
With a team of 14 advisers and a strong investment management pedigree, the firm has a wealth of industry experience.
The deal bolsters Titan Wealth’s East Anglia presence and will enable Finance Shop to offer a greater range of services to its clients.
It also follows the acquisition of local firm Loveday and Partners in 2024 and complements Titan Wealth’s Norwich-based offering.
Andrew Fearon, joint group CEO and head of M&A at Titan Wealth, said: “We are pleased to welcome Finance Shop and FS Wealth.
“The firms have built a strong presence in East Anglia, a region of great importance to us.
“The acquisition allows us to continue building our geographical footprint in the East of England and further enhances our vertically integrated client offering.”
Nick Buchan, director of Finance Shop, said: “We are delighted to be joining the Titan Wealth Group. The team’s support will enable us to offer better outcomes for our clients who are at the heart of our business.
“Titan Wealth’s scale will help to support our advisory and discretionary offerings.”
In January, Titan Wealth acquired Jersey-based Advisa Wealth to strengthen its international financial-planning capabilities and enhance its presence in the Channel Islands.
