Titan Wealth has bought Loveday & Partners for an undisclosed amount.
This deal adds £600mn of assets under management and more than 1,000 clients, bringing Titan Wealth’s total AUM to £17.3bn.
Titan Wealth joint group CEO and head of M&A, Andrew Fearon, 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.
Founded in 2010, Loveday & Partners has grown organically through word-of-mouth referrals.
The company’s directors and its team of advisers and administrators will stay with the business as part of the move.
Loveday & Partners director and chartered financial planner, Mark Loveday, said: “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.”
As Loveday & Partners joins Titan Wealth, it further expands the group’s geographical footprint, significantly increasing Titan Wealth’s presence in the East of England.
Titan Wealth has bought a number of firms over the past couple of years.
Back in January 2023 it bought Telford Mann, a Northamptonshire based IFA.
It then went on to buy Ravenscroft’s UK-based investment management business for an undisclosed sum in May and later in June, Square Mile's consultancy firm.
tom.dunstan@ft.com
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