News

5
Mar

Truinvest secures double acquisition

Truinvest has acquired NLP Financial Management and Birchwood Investment for an undisclosed sum.

The double acquisition brings Truinvest’s assets under advice to over £1bn. 

Truinvest, the consolidator set up by ex-Mattioli Woods bosses Mark Smith and Micky Johal, has made several acquisitions since its inauguration in 2019. The pair are financially backed by Stonewood Wealth Management. 

Mr Smith commented: “Micky and I formed Truinvest to create a modern, forward-thinking financial services business focused on giving highly personalised advice and supported by the best of technology. This will enable the group to deliver great client services while freeing up our advisers to spend more time with clients on the things that matter most.”