IFA network and wealth manager Independent Wealth Planners has acquired Surrey-based Omnium Capital Limited in its 24th acquisition since forming two years ago.
The deal will add £250m to its Aum and around 750 clients and follows a string of deals in recent months.
Last month, IWP bought Newcastle-based Professional Wealth Management, adding £150m to its assets under management.
In April, it acquired three firms: Aberdeenshire-based Buchanan and Associates, Norfolk-based Moss and Roberts and Buckinghamshire-based Principal Financial Planning, which collectively added £400m to its Aum.
Omnium Capital Limited was established almost twenty years ago and comprises Omnium Wealth Management and Omnium Employee Benefits.
It will be linked to Murdoch Asset Management, IWP’s main regional office for Hampshire.
It was formerly part of the Bourne Group of Companies, which provides financial and consultancy services to individuals and privately-owned businesses.
Former Omnium Capital managing director, Ross Butters, will remain with the firm to continue serving his clients.
He said: “Our commitment to independent financial advice made IWP the ideal partner to help drive our business forward.
"We believe that the best advice can only be delivered if complemented with personal service, a view firmly shared by our acquirer.
“Our clients will continue to benefit from the localised, personal service that we provide, with the added advantage of increased centralised support provided by the scale and quality of IWP.”
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