Titan Wealth has acquired boutique manager Wigmore Associates Wealth Management, bringing its total assets under management (AUM) and advice to more than £17.4bn.
Wigmore, which has been in operation since 1999, offers portfolio management to trusts, pension schemes, family offices, charities and individuals. It also provides pension, tax planning and inheritance advice.
Andrew Fearon, joint-CEO and head of M&A for Titan Wealth Group, said: “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.”
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In June 2023, Titan Wealth acquired Square Mile which brought the company’s AUM to £12bn. Telford Mann, Prism Financial Advice, Ravenscroft, Aspira and Loveday & Partners all operate under the Titan Wealth umbrella.
Titan Wealth has a goal of £50bn in assets under administration (AUA) in the next three-to-five years and £40bn in AUM.
William Orenstein (pictured) of Wigmore Associates said: “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.”
This story was written by our sister title Portfolio Adviser
