Chartered financial planning firm Fidelius has agreed a merger with London-based wealth manager Timothy James & Partners (TJP), creating a group with over £3bn in assets under management.
The combined business will include 50 advisers and generate annual revenues of more than £30m.
The merger will also expand Fidelius’ reach in key client segments, including SMEs, professionals, medical practitioners, and the arts and media sectors.
TJP will retain its name and branding post-merger. Founder and managing director Tim Whiting will lead a new growth-focused team targeting larger clients, while TJP’s senior management will stay on to ensure a smooth integration.
Whiting said: “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.”
Fidelius chief executive Ian Fowler added: “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.”
The deal follows Fidelius’ recent investment from Swedish wealth manager Söderberg & Partners, which took a minority stake in early 2024.
Fidelius has previously said IFA acquisitions form a key part of its long-term growth strategy.
With offices in Bath, Cheltenham, Chelmsford, London, and Nottingham, Fidelius and TJP offer a range of services across wealth management, retirement planning, protection, employee benefits, and mortgages.
