Titan Wealth has acquired Thomas Carroll IFA, a South-Wales based advisory firm, from Thomas Carroll Group, subject to regulatory approval.
Thomas Carroll IFA manages over £160m of assets under advice and serves 450 clients. It has a team of three advisers and five client service/account managers.
Thomas Carroll IFA staff will join Titan’s existing Welsh Hub, Nugenis, based in Cardiff.
Titan said: “This acquisition will enable Thomas Carroll IFA to offer a greater range of services to its clients.”
Thomas Carroll Group CEO Rhys Thomas said: “Having recently transitioned to employee ownership, the board has decided to divest its wealth management division to Titan Wealth, a trusted partner of ours for many years.
“The deal allows Thomas Carroll Group to focus on its core areas of strength, insurance, risk management, health & safety and employee benefits.
“Titan Wealth has a great track record in acquiring and incorporating smaller Wealth Management firms and investing into these businesses. It has the wealth of expertise, technology and infrastructure to allow the business to continue to flourish, benefitting both our wealth management team and its clients.”
In June 2023, Titan acquired Square Mile. Then in September 2025, Square Mile rebranded to Titan Square Mile and launched a new Model Portfolio Service (MPS) range.
The MPS integrates Square Mile’s research capabilities with Titan Wealth’s operational infrastructure, scale and broader investment management expertise.
Titan said the move will deliver a solution that combines in-depth fund research with investment management expertise and operational scale to reduce costs and enhance client outcomes.
