Bowmore Wealth Group completes two acquisitions – of DWA Protector and Rogate Capital

Bowmore Wealth Group, the independently owned wealth management business, has completed the acquisition of two London-based financial advisers DWA Protector Limited and Rogate Capital Limited.

The acquisitions add a combined £135 million in assets under advice (“AUA”) and increase Bowmore Wealth Group’s total AUA to approximately £650 million.

The acquisitions strengthen Bowmore’s presence in London and the eastern end of the M4 corridor. Bowmore says the deals form part of a selective growth strategy focused on firms that share its client-first culture and approach to financial planning.

The acquisitions come alongside strong organic growth being generated by the Group. Bowmore says it remains on course to add a further £80 million in AUA, via organic growth, during the current financial year.

Rogate Capital advises individuals and families on investment and retirement planning. As part of the transaction, client manager Daniel Easton will join Bowmore Financial Planning, ensuring continuity of service for clients.

Bowmore says the acquisitions will allow clients of both firms to benefit from its broader integrated offering, including chartered financial planning and investment management services.

Mark Incledon, CEO of Bowmore Wealth Group, says: “These acquisitions reflect our disciplined approach to growth. We are highly selective about the businesses we bring into the Group and only proceed where there is a strong cultural fit and a shared commitment to delivering high-quality advice.”

“DWA Protector and Rogate Capital have built trusted relationships with their clients over many years and we are delighted to welcome them into Bowmore. These acquisitions strengthen the business while allowing us to maintain the independence and personal service our clients value.”

Richard Powell, founder of Rogate Capital Limited, says: “Finding the right long-term home for our clients was incredibly important to us. Bowmore stood out because of its strong reputation for quality services and its genuine focus on client outcomes. I’m confident our clients will continue to receive an excellent level of personal service and expert financial guidance as part of the Bowmore group.”

Phil Povey, Director at DWA Protector Limited, says: “Bowmore’s culture and customer focused approach made them a natural fit for my clients and the business I have built over the years. As I retire, it is reassuring to know that clients will be supported by a growing business that remains committed to high-quality financial planning advice.”