Finance Shop and its sister discretionary portfolio management firm FS Wealth Management, based at offices in Norwich, Great Yarmouth and Lowestoft, have been acquired by Titan Wealth.
Finance Shop offers independent advisory services on retirement, investment, mortgage, tax-planning and protection for personal and corporate clients and has £750m of assets under management.
READ MORE: ‘Adapt or die’…Pleasure Beach’s plan to offset soaring energy and wage bills
FS Wealth Management creates tailored investment portfolios for clients with more than £340m of assets under discretionary mandate.
The deal bolsters Titan Wealth’s presence in East Anglia, which it says will enable Finance Shop to offer a greater range of services to its clients.
It follows Titan Wealth’s acquisition of Loveday and Partners in 2024 – a firm based at Norwich’s Broadland Business Park.
“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.”
READ MORE: Alan Boswell Group wins insurance broker of the year
Andrew Fearon, joint group CEO and head of mergers and acquisitions (M&A) at Titan Wealth, added: “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.”
The acquisition is subject to regulatory approval.
