Titan Wealth Holdings Acquires Goldsborough Wealth

We are delighted to announce the acquisition of Goldsborough Wealth, a boutique IFA with a concentrated client base of ultra and high-net-worth individuals, owner managed businesses and trustees with £40m AUA.  Founded in 2019 by Phil and Liz Jacobs, Goldsborough Wealth provides a bespoke wealth management service which caters for its clients complex financial planning and investment needs.

The acquisition of Goldsborough marks another moment in Titan Wealth’s journey to build a vertically integrated, national wealth management group, and to provide better integration and flexibility to investment managers, IFAs and clients.

James Kaberry and Andrew Fearon, joint-CEOs of Titan Wealth said:

Goldsborough Wealth is a sound strategic fit for the Group that will both complement and enhance our overall offering for clients.  When regulated advice is required it will be able to assist any of our individual clients and trustees to access Titan’s services where it is appropriate to do so.

Phil Jacobs, Co-Founding Director of Goldsborough Wealth said:

We are pleased to join the Titan Group and look forward to harnessing the additional range of services and support on behalf of our clients and those introduced within the Titan Group.

Titan Wealth bolsters proposition with acquisition of Haibun Wealth

PRESS RELEASE

Titan Wealth Holdings, (“Titan Wealth” or the “Group”) today announces the acquisition of Haibun Wealth Ltd (“Haibun”) as part of its ongoing strategy to bring a new proposition to the wealth and asset management sector.

With AUM of £200m, London-based Haibun was founded in 2005 to meet the increasing demand for customised portfolio diversification and tax efficient investments. Haibun offers a range of solutions for professional clients and high net worth individuals (HNWI) seeking alternative investment options in the private equity, Enterprise Investment Scheme, VCT and property space.

Haibun will provide Titan Wealth with another suite of investment products to distribute to its clients and to IFAs, with tax efficient investment products continuing to be in demand from investors. This complements Titan Wealth’s existing investment offering, which includes ETFs, direct equities, and fund of funds capabilities, and enables the Group to provide a comprehensive investment solution to IFA’s and HNWI’s in conjunction with its IFA and DFM platforms.

James Kaberry and Andrew Fearon, joint-CEOs of Titan Wealth said: “The acquisition of Haibun presents an exciting opportunity for Titan Wealth to diversify its offering beyond what is typically provided by mainstream wealth management firms. Haibun also brings an important community of clients and providers to expand Titan Wealth’s network.

“Since Titan Wealth launched in June 2021 with the acquisition of two leading investment and wealth management businesses – GPP and Tavistock Wealth Limited – we have been on a journey to reform the sector. Following the acquisitions of Cardale and Baggette earlier this year, the acquisition of Haibun marks another key moment in our journey to providing better integration and flexibility to investment managers, IFAs and clients by adding a high-quality alternatives capability.

We are delighted to welcome Haibun to the Group, to amplify its growth potential and to allow us to unlock even more value for our clients.”

Stuart Knight, Co-Founding Partner of Haibun Wealth commented: “We are excited by the acquisition and strongly believe joining the Titan Group will enhance the service we currently provide to our clients. The opportunity to join with a strategic partner providing greater resource will allow us to expand our offering and range of services as well as develop the experience for both existing and prospective clients. We look forward to working with James, Andrew and the wider Titan Group and continuing the growth of our business.”

This acquisition brings Titan Wealth’s total AUM to c.£5.4bn.

Titan Wealth was advised by Gateley Legal and supported in its due diligence by BDO and TCC.

Titan Wealth acquires Baggette Asset Management

PRESS RELEASE

4 July 2022

Titan Wealth acquires Baggette Asset Management

Titan Wealth Holdings, (“Titan Wealth” or the “Group”) today announces the acquisition of Baggette Asset Management Ltd (“Baggette”) as part of its ongoing strategy to bring a new proposition to the wealth and asset management sector.

Baggette is a Poole-based discretionary fund manager, launched in 2017, and has assets under management (AUM) of c.£180m. The deal adds a high-quality fund of funds capability to the Titan Group through Baggette’s Mazarin Fund range, enabling further diversification of Titan’s offering to its end clients. As part of the agreement, Titan and Baggette & Company Wealth Management (BWM) will form a strategic partnership, with Baggette Wealth Management acting as retail distribution partner.


James Kaberry and Andrew Fearon, joint-CEOs of Titan Wealth said: “The acquisition of Baggette allows us to extend the range of funds we offer through Titan Asset Management by incorporating the Mazarin Funds into the fund portfolio offering alongside the existing ACUMEN funds and range of MPS.

“Since Titan Wealth launched in June 2021 with the acquisition of two leading investment and wealth management businesses – GPP and Tavistock Wealth Limited – we have been on a journey to reform the sector. Following the acquisition of Cardale Asset Management earlier this year, the acquisition of Baggette marks another key moment in our journey to providing better integration and flexibility to investment managers, IFAs and end investors.”

This acquisition brings Titan Wealth’s total AUM to c.£5.2bn

Titan Wealth was advised by Gateley Legal and supported in its due diligence by RSM and TCC.

Titan completes its purchase of Cardale

Following our announcement in February that we had agreed terms to acquire Cardale Asset Management, Titan Wealth is delighted to announce that following receipt of FCA approval; Cardale today became a Titan group company.

Moving forwards, Titan will work closely with Cardale to maximise business synergies, introduce new and innovative product solutions; in so doing, bringing added value to existing and future clients.

Titan Wealth Outlines Future AuM Ambitions

Tom Wooders, Group Head of Sales for Titan Wealth speaks exclusively with WealthBriefing about Titan’s plans to grow to £30 billion in AuM over the next five years.

Click the following link to read the full article. https://www.wealthbriefing.com/html/article.php?id=194550#.YoZx0nXMLrd

Acclaim recognising leaders across the global wealth management cycle

Following on from the 2022 WealthBriefing Awards, Acclaim interviews the winners. Tom Wooders, Group Head of Sales at Titan Wealth and John Leiper, CIO at Titan Asset Management feature in an interview about Titan Wealth.

The interview features on page 113 click here to read the article or click here to read the full magazine.

WealthBriefing European Awards

Tom Wooders, Group Head of Sales at Titan Wealth Solutions presented two awards at the 2022 WealthBriefing European Awards.

After presenting the awards for Alternative Investment Manager (Bank/Institutional) and Blockchain-based Sourcing Solution, Tom commented ‘Titan is very happy to be a supporter of the WealthBriefing awards, both through our Titan Wealth Solutions platform and Titan Asset Management.’

It was a successful night for Titan Wealth, with Titan Asset Management winning the award for ‘Most Innovative Thematic Proposition’.

Judges were impressed with their winner’s submission which amply demonstrated the reasons for success in this category. It was the emphasis on broad megatrends that caught their attention, namely technological breakthrough, climate change, social change, shifting global economic power and urbanisation. A very worthy winner.

Wealth Managers Embracing Outsourcing Outperform

We have just published the findings of a report we commissioned from Compeer that assesses the impact of outsourcing on a wealth managers’ scalability and profitability.

Key findings include:

  • The wealth management industry is yet to optimise business scalability. Over the past five years only 37% of UK wealth managers have been able to grow their revenues at a faster rate than costs
  • Much needed investment into digital technology across the front, middle and back office is driving productivity and allowing staff to spend more time on generating value for the end clients

Click here to find out more

Titan Wealth Holdings Acquires Cardale Asset Management

Our parent company, Titan Wealth Holdings has completed the acquisition of Cardale Asset Management. Cardale, based in Harrogate manages £1.5bn for c.3,500 clients including 2,700 discretionary clients with £1.3bn AUM.

The acquisition is part of the plan to accelerate growth of the group to meet the target of £20/30b AUM within 4 years and is just one of a number of acquisitions currently being progressed.

The acquisition is subject to FCA approval.

To read the full press release, please click here

Titan Wealth Appoints Tom Wooders As Group Head Of Sales

Titan Wealth Holdings is pleased to announce that Tom Wooders has been appointed Group Head of Sales, responsible for sales across Titan Wealth’s businesses as it progresses its strategy to consolidate across the wealth management sector.

To read the full release click here

© Titan Wealth Solutions 2024