(30 July) - Titan Wealth today announces its intent to acquire Finance Shop Limited and FS Wealth Management Limited, East Anglian based Advisory and Discretionary Portfolio Management (DPM) firms, subject to regulatory approval, becoming part of the Titan Wealth Group. The acquisition will bring Titan Wealth’s total assets under management and advice to £37bn.
With £750 million assets under advice, Finance Shop offers face to face independent advisory services on retirement, investment, mortgage, tax-planning and protection for personal and corporate clients across the UK. FS Wealth Management offers DPM, with c.£340 million assets under discretionary mandate, creating tailored investment portfolios for clients, ensuring alignment to their requirements.
Established in 1990, the firm has grown via word-of-mouth recommendations and working with local accountants and now has over 4,000 clients across the UK. Prioritising face to face advice and the firm’s unique local approach compliments Titan Wealth’s offering, with further commitment to the Norwich hub and surrounding areas.
With a team of 14 advisers and a strong investment management pedigree, the firm has a wealth of industry experience. Also notable is the firm’s success in bringing through a team of younger advisers, 4 of which are female.
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 follows an 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.”
The acquisition is subject to regulatory approval.
About Titan Wealth:
Titan Wealth was formed in 2021 to deliver industry leading solutions and outcomes to both retail and institutional clients. It offers a vertically integrated set of wealth management solutions spanning financial planning, investment management, platform, and custody. Headquartered in London, Titan Wealth serves clients domestically as well as overseas through its operations in the Channel Islands and the UAE. Today, Titan Wealth has approximately £36bn of assets under management or advice.
About Finance Shop:
Finance Shop Limited (FSL) an advice firm based in Norwich with c.£750m AUA, with offices in Norwich, Norfolk and Suffolk. Set up by Nick Buchan and Scott Oliver FSL provides financial planning advised solutions from retirement planning, investment planning, mortgage and protection advice.
Finance Shop Wealth Management (FSWML) which offers discretionary portfolio management (DPM) focusing on creating tailored investment portfolios for their clients on the Raymond James Platform, with clients predominately referred from FSL the two businesses have common owners, with the investment strategy run by the investment committee headed up by Andy Parkes (CIO)
