News

iwp and hunter
21
Sep

IWP acquires Sussex firm, Hunter Hammond Daniel Associates, as expansion continues

With 20 years of client service Hunter Hammond Daniel Associates represents IWP’s first office in Sussex, acquired with the assistance of Gunner & Co.

Independent Wealth Planners UK (IWP UK) announces today the acquisition of financial planning firm Hunter Hammond Daniel Associates (HHDA) as the company’s first office in Sussex.

Hunter Hammond Daniel Associates, headquartered in Hove, Sussex approached Gunner & Co. last year to understand their exit options. An established firm, HHDA has a strong team of four advisers as well as paraplanners and support staff. HHDA has around £200m in AUA and will represent IWP’s first office in the area.  Current Directors Paul Hammond and Sean Parker will stay on to lead and grow the business.

Paul Hammond, Director, says “Over 20 years we have built a strong business and great client relationships. Those client relationships are central to our decision to join IWP, to secure the future growth of the business somewhere we know puts clients first. We are excited to be joining a national group that gives us access to branding, central support and resources essential for our future success.”

David Inglesfield, CEO of IWP, says “Paul and Sean have done an incredible job building this business. As part of IWP, they can continue to focus the HHDA team on providing excellent client service. We look forward to providing the infrastructure and resources that will continue both HHDA and IWP’s growth throughout Sussex.”

IWP was created to grow, support and promote the UK’s brilliant local independent financial advisory (IFA) firms and build the UK’s best financial advice service. IWP provides market-leading operational and support services, including compliance, IT, investment research, marketing, recruitment and training, allowing IFAs to spend more time with their clients. IWP acquires local firms but leaves the day to day management in the hands of local teams, who may also retain a participation in the ownership of the business.

Gunner & Co. work closely with IWP to identify businesses which fit their model. If you would like to know more about selling your business to IWP contact louise.jeffreys@gunnerandco.com