Independent Wealth Planners (IWP), a UK group of independent financial advisers, has acquired Omnium Capital Limited.
Taking IWP’s total acquisitions to 24 since the company was formed around two years ago, Omnium, based near Guildford, Surrey, will be linked to Murdoch Asset Management, IWP’s main regional office for Hampshire. The deal boosts the Group’s assets under management by approximately GBP250 million, adding around 750 clients in the process.
Established almost two decades ago, Omnium Capital Limited is an independent financial planning business, building investment strategies tailored to the needs of individuals and their families. The firm comprises of two parts: Omnium Wealth Management and Omnium Employee Benefits. 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, who remains with the firm to continue serving his bank of clients, says: “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.”