Marvin OnumonuTitan Wealth has acquired Workplace Advice Group, a workplace pension solution business in Stoke on Trent, UK.
With this acquisition, Titan Wealth’s assets under management and advice reach £36bn.
This move aligns with Titan’s strategy to expand in the corporate benefits market, seen as a growth area.
The acquisition will enhance Titan Wealth Planning’s services, previously known as Aspira Corporate Solutions.
Workplace Advice Group, founded in 2013, manages £200m in assets across roughly 1,459 schemes.
The firm offers services such as pension scheme setup, compliance support, and salary sacrifice solutions, and has a strong track record in providing workplace benefits.
The group will integrate with Titan Wealth’s businesses, including Titan Wealth Planning, to better serve corporate clients.
Andrew Fearon, joint group CEO and head of M&A at Titan Wealth, said: “The continued growth of our corporate pensions offering has been a long-term goal for the firm.
“The acquisition of Workplace Advice Group and its leading workplace pension solutions offering and strong track record aligns with our long-term growth ambitions.
“This acquisition not only strengthens our presence in the corporate pensions market but also enhances our ability to provide comprehensive, high-quality services to our clients.”
Fearon added: “As we integrate Workplace Advice Group into our operations, we will be poised to deliver even greater value to our clients, by leveraging synergies and expanding our reach.”
Tony Dolman of Workplace Advice Group said: “We are pleased to announce this deal with Titan Wealth.
“This next phase of growth will benefit our clients with improved business scale.
“The business will continue to support clients in navigating rules and regulations to reduce costs and streamline services that allow everyone to benefit from robust workplace pensions.”
