London-based Independent Wealth Planners UK (IWP UK) said on Wednesday it acquired Kilmarnock-based financial planning firm Gilmour Hamilton Wealth Management (GHWM), boosting the company’s existing presence Scotland.

Gilmour Hamilton Wealth Management will join IWP’s “regional” hub, AGL Wealth Management.

John Roberts, partner at GHWM, will continue to head up the Kilmarnock office.

Roberts said: “Gilmour Hamilton Wealth Management has always put our clients first and enjoys an enviable reputation for first class service in the local community. 

“Our new partners at AGL Wealth Management share the same core values and philosophy, allowing us to continue to develop and expand our proposition with a focus on the delivery of first-class client outcomes, this has and always will be our priority. 

“Joining the wider group of IWP firms is exciting as well, and we look forward to sharing ideas and to our clients benefitting from IWP’s central support services and resources.”

AGL Wealth Management CEO Craig Gibson said: “I am delighted to announce the merger with Gilmour Hamilton, and welcome John and the team to the wider IWP group.

“With our combined strength we will continue to provide a first-class client experience which gives us the foundation to grow our business and build IWP’s presence in Scotland. 

“John brings with him a hugely talented and highly experienced team and I look forward to working with them at AGL.”

IWP CEO David Inglesfield said: “Gilmour Hamilton Wealth Management represents a great boost for our Hub in south west and central Scotland.

“I am thrilled to welcome John and the team to IWP, and I look forward to working with them as we continue to grow in the region.”