Titan Wealth [Titan] finalised the closing of its previously announced partnership transaction with Parthenon Capital [Parthenon]. Parthenon will provide access to additional resources as Titan executes on its strategy to provide integrated financial advice, investment management, and platform services through a comprehensive client-to-custody strategy.
Parthenon is a leading growth-oriented private equity firm with a long track record of building franchise companies in the wealth management sector. Parthenon acquired a majority stake in Titan.
Titan has also completed the previously announced acquisition of Telford Mann, a leading financial advice business based in Kettering. The Telford Mann transaction represents another important milestone as Titan builds out its financial advice capability, a key component of the firm’s client-to-custody strategy.