Titan Wealth has continued its UK consolidation strategy with the acquisition of Chester-based financial planning firm Innes Reid Investments Limited. The deal strengthens its regional presence and adds meaningful scale.

Deal Overview

Titan Wealth has agreed to acquire Innes Reid Investments Limited, an advice firm based in Chester. The business was founded in 1999 by managing director Mark Reidford.

Currently, the firm serves around 2,500 clients. As a result of the transaction, approximately £590m of assets under advice will be added to the Titan Wealth group.

Following completion, Titan Wealth’s total assets under advice will increase to around £38bn. However, the acquisition remains subject to regulatory approval.

Seller Perspective

According to Mark Reidford, the transaction represents a positive step for the firm’s long-term sustainability. Importantly, the deal provides access to enhanced resources and infrastructure.

At the same time, Innes Reid will retain its focus on delivering strong client outcomes. This balance was a key factor in the decision to proceed.

Buyer Perspective

Andrew Fearon, joint group CEO and head of M&A at Titan Wealth, said the acquisition strengthens the group’s financial planning presence in Chester and the surrounding area.

In addition, he highlighted the importance of maintaining locally based adviser-client relationships. Meanwhile, advisers will gain access to a broader range of client-focused solutions across the group.

Strategic Context

Innes Reid operates from an office in Chester with a team of 10 financial advisers. Consequently, the acquisition further expands Titan Wealth’s presence in the North West of England.

Titan Wealth was founded in 2001 and is backed by private equity firms Parthenon Capital Partners, Hambleden Capital, and Ares Management. As a result, the group has remained active in the UK advice consolidation market.

Gunner & Co. Insight

Overall, this transaction underlines the continued demand for established regional advice firms. In particular, businesses with loyal client bases and experienced adviser teams remain attractive to national buyers.

Moreover, private equity-backed platforms continue to prioritise scale and regional depth. As consolidation progresses, regulatory readiness, operational resilience, and cultural alignment are becoming increasingly important when positioning an advice firm for sale.