Titan Wealth has received approval from the Financial Conduct Authority and will shortly complete a deal for Loveday & Partners to become part of the Titan Wealth Group.
This brings Titan Wealth’s total AUM to £17.3bn.
Loveday & Partners is an independent financial planning firm, founded in 2010 and based in Norwich, UK.
The company’s directors and its team of advisers and administrators will stay with the business as part of the move. They will continue to advise on the c.£600 million of assets for their more than 1,000 clients – including families, pension funds, trusts and charities, throughout Norfolk. Loveday & Partners works closely with its clients to deliver tailored financial advice covering savings, investments, pensions, estate planning and long-term care.
Loveday & Partners also has a strong commitment to investing in the local community, and actively supports a range of charities and social initiatives in Norfolk & Suffolk. With a business built upon values of transparency, trust, and close client relationships, Loveday & Partners’ company culture is closely aligned with Titan Wealth’s overall vision for the group.
As Loveday & Partners joins Titan Wealth it further expands their geographical footprint, significantly increasing Titan Wealth’s presence in the East of England. It also enhances Titan Wealth’s capacity to deliver comprehensive, integrated investment and platform services through its vertically integrated offering.
Andrew Fearon (pictured), joint group CEO & head of M&A at Titan Wealth 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. Titan Wealth’s ambitious growth plans are testament to the group’s continued hard work over the last 12 months. We look forward to working with the L&P team.”
Mark Loveday, of Loveday & Partners said: “We are delighted to share the news of today’s announcement. 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.”.
