Titan Wealth completes its acquisition of Aspira

Titan Wealth has today announced that it has completed its acquisition of Aspira Corporate Solutions. Titan Wealth’s assets under management and advice now total £17.3bn.

Aspira has grown substantially since its launch in 2003, becoming a driving force within the independent financial advisory and employee benefits sector. Based in Bristol, it offers valuable financial advice via its network of 45 financial advisors to over 15,000 private and corporate clients across the UK.

Aspira’s business model is centred on providing expert, personal advice, built on strong, long-term relationships. It works closely with a diverse array of clients to ensure the advice it provides is constantly adapting to changing external and internal circumstances. In joining the Titan Wealth network, Aspira will be able to enhance the offering it provides to clients, by accessing the capabilities of other companies within the Titan Wealth group.

The acquisition will complement the existing offering of the Titan Wealth group, elevate its overall position in the market and deliver on the group’s long-term growth ambitions.

Aspira will rebrand to ‘Titan Wealth Planning’ and be led by current CEO Derek Miles who will also take on responsibility for Financial Planning across Titan Wealth. It will continue to provide new retail and corporate clients with financial advice and solutions, with no disruption to existing clients.

Andrew Fearon, Joint Group CEO and Head of M&A at Titan Wealth said:

“Aspira is an outstanding firm, with a long track record of delivering fantastic financial planning advice for its clients.

“This acquisition aligns with Titan Wealth’s growth ambitions, expands our financial advice offering and strengthens our commitment to delivering a fully-integrated ‘Client to Custody’ offering for our customers and clients. I look forward to working with Derek and the team, to support them on their journey and to grow and develop Titan Wealth Planning.”

Derek Miles, CEO of Aspira said:

“We are delighted to be joining the Titan Wealth team. The deal provides us with a fantastic opportunity to deliver the excellent customer service we strive for, as well as securing investment to develop our proposition.”

“As a business, we have always been driven by a commitment to an innovative and integrated approach to financial advice, focused on delivering the best possible outcomes for customers. This is a philosophy that is very much shared by our new colleagues at Titan Wealth, and I’m excited to be driving further innovation and improvements for our customers and staff’.