Independent Wealth Planners (IWP), a UK-wide group of independent financial advisers, has expanded its nationwide coverage with the acquisitions of Alex M Grant and Custodian Wealth Management.
Alex M Grant, based in Keith, north-east Scotland, joins IWP’s regional firm for Aberdeenshire, Buchanan and Associates, bringing across a total of GBP290 million in client assets. The firm is headed-up by founder and principal, Alex Grant, who has over 32 years’ experience providing independent financial advice to families and businesses.
Surrey-based Custodian Wealth Management was set up in 2004 by directors and financial planners, Branimir Gavrilovic and Richard Sutcliffe. Custodian, with a total of 200 clients and GBP72 million in assets under advice, follows in the footsteps of Encompass Financial Management and Omnium Wealth Management in joining IWP’s regional firm for Hampshire and Surrey, Murdoch Asset Management,
Grant says: “I’m excited to be joining the IWP group – I can see that great service and client-focused outcomes are at the heart of the business. We’ve worked hard to forge trusted, long-term relationships with our clients, and I look forward to taking this to next level backed by the increased support and resources provided by IWP.”
Gavrilovic says: “IWP represents an excellent fit for Custodian and our clients – we were impressed with its client servicing and investment proposition, fee structure, ethos and culture. And due to their superior resources, we feel IWP will improve what is already an excellent, robust, client-focused service. We’re looking forward to working closely with them.”
