• Titan Wealth today announces that it has entered into an agreement to acquire Ravenscroft Investments Limited (subject to shareholder and regulatory approval), a wealth management services business, operating in both Guernsey and Jersey.

   

  Andrew Fearon, Joint Group CEO and Head of M&A at Titan Wealth, said: “The acquisition of Ravenscroft Investments Limited in the Channel Islands is a significant milestone in our strategy to deliver Titan Wealth’s unique client to custody offering to clients and advisers in multiple international jurisdictions. Closely following our acquisition of Dubai-based planning firm AHR, we have now made significant progress in expanding our differentiated and integrated proposition for international clients and advisers. With investment management and investment funds in both Ireland and the Channel Islands; offshore platform and custody solutions in the Channel Islands and the ability to provide financial advice in both the UAE and Europe and other jurisdictions we can service our clients wherever they may choose to live.

   

  “James Kaberry and I have worked closely with the Ravenscroft management team for a couple of years and have been impressed by the strength of the team and business, the values and client relationships that they have developed and continue to nurture. We look forward to seeing what we can achieve together now that they are part of the wider business.”

   

  Ravenscroft provides a wide range of offerings to its clients, including discretionary investment management, fund management, advisory investment services, execution only trading, cash management, and dealing in, and storage of, physical precious metals. Ravenscroft employs around 100 staff to manage private and institutional clients and is one of the largest wealth managers in the Channel Islands. The acquisition takes Titan Wealth’s total AUM / AUA to £27.2bn.

  As Titan Wealth looks to grow its international advice proposition, both organically and through further acquisitions, Ravenscroft Investments Limited, which will rebrand as Titan Wealth

  International next year, will provide key operating capabilities offshore. The business also complements Titan Wealth’s own institutional dealing and wealth platform services in the UK.

   

  The corporate finance and property management businesses of the wider Ravenscroft group are not included in the transaction, which follows Titan’s acquisition of Ravenscroft’s UK investment management business last year.

  Founder Jon Ravenscroft will remain with the corporate finance and property management businesses, which will retain the Ravenscroft name, and he will also be a significant shareholder in the Titan Wealth group. The acquisition is subject to shareholder approval and regulatory approval by the Guernsey Financial Services Commission and the Jersey Financial Services Commission.

   

  Robin Newbould, MD of Operations at Ravenscroft, said: “Having spent many months working with the Titan Wealth team, it is clear that they have ambitious plans for growth and that we are an important part of that expansion. We have had numerous approaches over the years, but none were right for our clients, our shareholders and our team. The time is now right for Ravenscroft’s wealth management business to become part of a bigger company and have a strategic role in its future expansion. Titan Wealth was impressed with the skills and expertise of our team and its commitment to clients and it is exciting for the Channel Islands that we will become the hub for Titan’s international growth.”

   

  Jon Ravenscroft, who founded the business in 2005, said: “Ravenscroft is unrecognisable from the company it was almost two decades ago and I am proud of everything my incredible team has achieved. I want to thank shareholders and clients for their unwavering commitment throughout. It was clear that future growth and expansion, to realise the true potential of both the offering and our staff, required a change. It needed to be with the right people who had a client first ethos. With the Titan Wealth name and network, Mark Bousfield and Robin Newbould, together with the wider team, are the right people to take the business forward, allowing me to focus on the corporate finance and property management part of Ravenscroft. I will continue to be a significant shareholder in Titan Wealth and look forward to watching and celebrating their growth and international expansion.“

Titan Wealth today announces the acquisition of AHR Group (‘AHR’), an international financial planning and wealth management firm headquartered in Dubai, United Arab Emirates. AHR currently advises and manages $2bn of assets under advice and under management on behalf of its clients and employs over 150 professionals in seven locations across six jurisdictions globally. Upon completion of the acquisition AHR will be rebranded as Titan Wealth International.

The acquisition of AHR is Titan Wealth’s first international deal and underscores the firm’s ambition of building a vertically integrated, client-focused financial services offering across multiple jurisdictions.  Central to this ambition is a commitment to delivering enhanced value and comprehensive solutions to clients.  This acquisition will bring Titan Wealth’s assets under advice, under management and on platform to over £20bn. 

Founded in 2020 by Daniel Dickinson, Tyla Philips, William Burrows, Asad Sheikh, Marc Beattie and Daniel Waterman, AHR provides bespoke wealth management and cross-border financial advice, primarily serving the specific needs of expatriates. With a significant presence in the UAE and offices in Mauritius, Malaysia, Cyprus, the UK, and Australia, AHR offers a broad suite of services including discretionary fund management, financial planning, tax planning, and estate planning.

AHR’s expertise and approach aligns seamlessly with Titan Wealth’s mission to prioritise client relationships and deliver tailored financial solutions. The firm’s wide client base and experienced management team will enjoy the backing of the Titan Wealth Group, enabling it to enhance its service offering and deliver greater client satisfaction.

Importantly, this strategic move extends Titan Wealth’s reach into the UAE, a market with significant opportunities for growth. AHR’s strong regional presence, proven track record and expat-focused approach present an established platform from which Titan Wealth can leverage these opportunities, whilst ensuring that clients continue to receive excellent, tailored advice and support.

For existing clients of both Titan Wealth and AHR, this development promises an expanded range of financial solutions, delivered with the same dedication and personalised care they have come to expect. Titan Wealth is committed to integrating its range of offerings to provide seamless, high-quality financial services across multiple jurisdictions, enhancing the overall client experience, while delivering improved value.

Andrew Fearon, Joint Group CEO and Head of M&A at Titan Wealth, stated: “This acquisition is an exciting development for our clients, reflecting our dedication to delivering an integrated financial services offering on a global scale. We look forward to working closely with the talented team at AHR to build our proposition internationally, whilst helping them expand their services to both existing and future clients.”

Daniel Dickinson, CEO at AHR, added: “Joining Titan Wealth is a natural progression for AHR. Our complementary strengths and shared commitment to service will enable us to offer an even richer array of solutions to our clients, ensuring their financial needs are met with excellence on a truly international level. We also look forward to benefitting from Titan Wealth’s substantial resources which will support our ambitions for growth, improve the career opportunities for our colleagues and will reinforce the firm’s standing as an attractive proposition to the wider advisory community.”

Titan Wealth has completed a deal for London-based investment boutique Wigmore Associates Wealth Management (Wigmore).The acquisition will increase Titan Wealth’s total assets under management / advice to over £17.4bn.

Founded by William Orenstein in 1999, Wigmore specialises in providing portfolio management services, together with pension, tax planning and inheritance tax advice to individuals, trusts, pension schemes, family offices, and charities.

Wigmore provides advice to HNWIs in high value and complex circumstances, through tailored portfolios that aim to meet clients’ investment objectives and personal risk requirements in the most tax efficient way.

Andrew Fearon, Joint-CEO & Head of M&A, Titan Wealth Group, says: “We’re thrilled to welcome William, Lizzy and their team to the Titan Wealth family. This strategic acquisition enhances our vertically integrated proposition and expands our network’s offering to HNWIs.”

William Orenstein of Wigmore Associates, says: “We’re excited for this new chapter for Wigmore Associates. Titan Wealth’s values and investment philosophy aligns with our own, and we couldn’t have found a better partner to help us continue to deliver excellent investment outcomes for our clients.”

15th April 2024 – Titan Wealth is pleased to announce that it has received approval from the Financial Conduct Authority and will shortly complete a deal for Loveday & Partners to become part of the Titan Wealth Group.  Loveday & Partners is an independent financial planning firm based in Norwich.  This brings Titan Wealth’s total AUM to £17.3bn.

Founded in 2010, Loveday & Partners has grown organically through word-of-mouth referrals, and has a long track record of delivering excellent results for its clients. The company’s directors and its team of advisers and administrators will stay with the business as part of the move. They will continue to advise on the c.£600 million of assets for their more than 1,000 clients – including families, pension funds, trusts and charities, throughout Norfolk.  Loveday & Partners works closely with its clients to deliver tailored financial advice covering savings, investments, pensions, estate planning and long-term care.

Loveday & Partners also has a strong commitment to investing in the local community, and actively supports a range of charities and social initiatives in Norfolk & Suffolk.  With a business built upon values of transparency, trust, and close client relationships, Loveday & Partners’ company culture is closely aligned with Titan Wealth’s overall vision for the group. 

As Loveday & Partners joins Titan Wealth it further expands their geographical footprint, significantly increasing Titan Wealth’s presence in the East of England. It also enhances Titan Wealth’s capacity to deliver comprehensive, integrated investment and platform services through its vertically integrated offering.

Andrew Fearon, Joint Group CEO & Head of M&A at Titan Wealth said: “Loveday & Partners joining the Titan Wealth Group is an exciting opportunity to expand our presence in the East of England and enhance the unique Titan Wealth vertically integrated offering.  Titan Wealth’s ambitious growth plans are testament to the group’s continued hard work over the last 12 months. We look forward to working with the L&P team.”

Mark Loveday, of Loveday & Partners said: “We are delighted to share the news of today’s announcement.  It has been clear to me from our early conversations that our businesses share many of the same values and ideals.  We are very much looking forward to working closely with our Titan Wealth colleagues over the coming months and years to enhance the service offering we are able to provide to our clients and to support our mutual growth ambitions.”.