IWP has acquired Alex M Grant based in Keith, north east Scotland, and Custodian Wealth Management based in Surrey. 

Alex M Grant joins IWP’s regional arm for Aberdeenshire, Buchanan and Associates and brings £290m in client assets. The firm is headed by founder and principal Alex Grant who has over 32 years’ experience in providing independent financial advice to families and businesses. 

Surrey-based Custodian Wealth Management was set up in 2004 by directors and Financial Planners, Branimir Gavrilovic and Richard Sutcliffe. Custodian has 200 clients and £72m in assets under advice and follows in the footsteps of Encompass Financial Management and Omnium Wealth Management in joining IWP’s regional firm for Hampshire and Surrey, Murdoch Asset Management,

Mr Grant said: “I’m excited to be joining the IWP group. We’ve worked hard to forge trusted, long-term relationships with our clients and I look forward to taking this to next level backed by the increased support and resources provided by IWP.” 

Mr Gavrilovic said: “IWP represents an excellent fit for Custodian and our clients. We’re looking forward to working closely with them.”