Titan Wealth has bought Morgans Limited, an independent financial advisory firm based in Bath.
The deal will add 3,000 clients, five advisers, and eight members of staff to Titan Wealth Planning’s business in the south-west of England.
Titan stated that Morgans’ team of experienced advisers and support staff will bring a “wealth of experience” to Titan Wealth Planning.
This deal will enable Morgans’ clients to access a broader range of services, including Titan’s investment management capabilities and technology-driven solutions, while providing career development opportunities for Morgans’ team.
Titan Wealth co-CEO and head of M&A, Andrew Fearon, said: “Titan Wealth Services is committed to offering its broad wealth management offering to clients across the country — this acquisition is a part of that strategy.
“We’re very much looking forward to welcoming the Morgans team.”
The deal strengthens Titan Wealth’s offering in Bath and the surrounding area.
Titan suggested that Morgans’ focus on personalised service and its strong local heritage align its strategy to continue to grow locally based wealth planning services across the UK.
Founded in 1992, following a management buyout from Morgan Insurance Brokers Ltd, Morgans is a Financial Conduct Authority regulated independent financial advice business which specialises in financial planning and wealth management services.
tom.dunstan@ft.com
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