SEE ALL  INVESTMENTS SEE ALL INVESTMENTS

WEALTH at work

Headquartered in Liverpool, WEALTH at work is a rapidly growing wealth management business.

WEALTH at work was founded in 2004 by David Cassidy who, together with JP Morgan, saw an opportunity to create a business addressing employee wealth management issues through the workplace.

WEALTH at work has won contracts with a number of blue chip corporations including BT, Marks & Spencer, United Utilities and British Gas, which pay for employees to attend educational seminars on financial issues such as pension planning and share schemes.

Subsequently, should seminar attendees so choose, they are offered advice from WEALTH at work’s team of financial advisers, a proportion of which generates leads into its discretionary fund management service. The business is regulated by the Financial Conduct Authority and licensed to provide independent financial advice, both SIPP and ISA wrappers and investment management services.

WEALTH at work has grown strongly in recent years, with income largely generated from annual management fees from assets under management (AUM). In 2015, AUM is budgeted to reach £598m, having grown by more than 40% p.a over the last few years.

Investment Date

Aug 2015

Country

UK

Business Description

Financial Services

Revenue at ACQ.

£14m

Employees at ACQ.

120

Investment Type

Secondary MBO

This new significant investment into WEALTH at work will allow us to continue to grow quickly and therefore meet the rapidly increasing demand for our services, which are now used by a number of the largest companies in the UK.

ADD-ON ACQUISITIONS

Affinity (The Farleigh Group Ltd)
May 2016
Life Academy (UK)
Sep 2015