Fidelius, the fast-growing advisory firm, announces it will complete today its merger with London-based wealth manager Timothy James & Partners (TJP). The combined business will comprise 50 advisers, revenues of more than £30m and AUM of over £3bn. The group will service a wide range of clients with specialisms in the SME, professional, medical, arts and media sectors.
TJP will become part of Fidelius but will retain its own name and branding. TJP’s Founder and Managing Director Tim Whiting will lead a new focussed, fast growth team focussed on larger clients and TJP’s experienced senior management team will remain in place to ensure a seamless transition.
TJP has 16 financial planners and is growing rapidly, having built a strong reputation in London. Ian Fowler, Chief Executive Officer at Fidelius, said: “We are delighted to have the opportunity to bring the Fidelius and TJP businesses together into a large advice firm with a laser focus on advice and client service and ambition to become the top independent chartered firm in the UK. This partnership will be a significant step in our five-year plan for growth, giving us the scale to create central services and a centre of excellence to help power the teams at Fidelius, TJP and the other great advice firms we work with. We are excited about the merged capability of the two businesses.”
Tim Whiting the founder and Managing Director at Timothy James & Partners, added: We have found in Fidelius a like-minded team who will be a great cultural fit. Our combined business will be a strong force in the advice market and build our presence beyond London. We are excited by Fidelius’s corporate function capability and investment in experienced personnel which will allow our consultants to spend more time with clients. It’s really is a merger that enables two and two to equal five!
With offices in Bath, Cheltenham, Chelmsford, London and Nottingham, Fidelius and Timothy James & Partners can offer a suite of advisory services including wealth management, employee benefits, corporate wealth, and mortgages.
