Bringing you live news and features since 2006 

IWP acquires Professional Wealth Management as new Newcastle hub


Independent Wealth Planners (IWP), the nationwide network of independent financial advisers and wealth managers, continues its nationwide expansion with the purchase of Professional Wealth Management (PWM) to create its new Newcastle hub. 

Steered by director, Stephen Dickinson, PWM was one of the first independent financial advice firms in the UK to be awarded the Chartered Financial Planners designation by the Chartered Insurance Institute in 2008, the profession’s gold standard for financial planning outfits.  The firm provides a range of financial advice, management and planning services to individuals and businesses, managing around GBP150 million in client assets. Its eight-strong team of financial planners and administrative staff, located in Newcastle upon Tyne, will remain in place as part of the deal. 

Representing IWP’s first acquisition in north east England, PWM is the fourth financial planning firm to join its ranks in the past month. Total acquisitions now stand at 23 since IWP’s formation just two years ago.  

David Inglesfield, Chief Executive at IWP, says: “Stephen and the team have created an outstanding business in PWM and I am delighted to welcome them as the backbone of our new Newcastle hub. This acquisition marks another step towards our goal of creating Britain’s best independent wealth planning business by combining the local expertise of our excellent IFA firms with IWP’s national resources and infrastructure support.” 

Stephen Dickinson, Director and Chartered Financial Planner at PWM, adds: “Our ethos at PWM is to build lasting relationships with clients to help them achieve their financial goals and objectives. By partnering with IWP, we can ensure continuity of our existing high-quality service, while expanding our proposition to more local people as the new Newcastle hub, backed by the group’s strong central support.” 

Latest News

The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..
Amundi has reduced its management fees across a wide selection of its ETF range. The firm writes that this move..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD66,675, marking a 4.3..
Amundi’s ETF Market Flows Analysis for May finds that global ETF inflows were EUR105.1 billion with US-domiciled equity funds accounting..

Related Articles

CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Stuart Chaussee
In January this year, global data and business intelligence platform, Statista reported that there are now more than 8000 ETFs...
Ethereum coin
Last week saw Australia launch spot bitcoin ETFs, with Matteo Greco, Research Analyst at Fineqia International, writing that Monochrome Asset...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by