OMW advice arm makes £33m acquisition

Firm founder retiring

clock • 1 min read

Old Mutual Wealth's (OMW) advice arm Private Client Advisers has bought Yorkshire-based IFA firm Coleman Clough, its fifth acquisition this year.

The deal brings £33m of assets under management to the national financial planning business. Coleman Clough's founder, director and sole adviser Roy Clough will be retiring, though will remain with the business for a transition period. OMW Private Client Advisers managing director Nigel Speirs said Coleman Clough had a reputation for professional and personalised service.  "This is a reputation earned by Roy and we look forward to building on that fantastic work by continuing to deliver above and beyond expectations for clients." Clough added: "I look forward to working with Old...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Advisory

Transact co-founder and former CEO Ian Taylor dies aged 58

Transact co-founder and former CEO Ian Taylor dies aged 58

Died after a short illness

Jenna Brown
clock 19 October 2022 • 1 min read
The Big Interview: TJ&P's Tim Whiting on becoming the 'One Ham Yard' of London IFAs

The Big Interview: TJ&P's Tim Whiting on becoming the 'One Ham Yard' of London IFAs

Company launched in 1995

Lauren Mason
clock 06 April 2022 • 5 min read
Kingswood acquires South Yorkshire IFA in £1.5m deal

Kingswood acquires South Yorkshire IFA in £1.5m deal

UK assets hit £6.3bn

Jenna Brown
clock 26 January 2022 • 1 min read
Trustpilot