Clifton Wealth Partnership has acquired Suffolk-based Financial Planning firm Morgan Law Financial Services, adding £138m in assets under management.
The deal, for an undisclosed sum, takes Clifton’s assets to £4bn and adds around 500 clients.
Morgan Law’s five-strong team of two advisers, two Paraplanners and an administrator, will remain with the firm and continue to operate from their existing Ipswich office.
Director Simon Browne will remain with the business for a transitional period.
Morgan Law will rebrand as Clifton Wealth Partnership during the transition.
Mr Browne said Morgan Law had been considering becoming part of a larger firm for a number of years.
He said: “Our clients will see a different name above the door, but everything else stays the same. We’re in the same office, as the same team, and we’ll be answering the phone the way we always have. This is an exciting opportunity for us and we look forward to getting started with CWP.”
Clifton Wealth Partnership is the Financial Planning arm of Bristol-based Clifton Group which has over 15,000 clients and 180 employees. So far this year it has acquired four Financial Planning firms, brining a total of £330m AUM.
In April it acquired Essex-based Financial Planning firm Cutting & Carter for an undisclosed sum and in February it acquired two Scottish Financial Planning firms, bringing £150m in new assets.
Anthony Carty, managing director of Clifton Wealth Partnership, said the firm continued to look for further acquisitions.
In December it acquired Welsh Financial Planning firm Lifestyle Financial Advice for an undisclosed amount. It was the tenth advice business to join Clifton Wealth in 2025. It completed the acquisitions of nine other Financial Planning businesses from across England and Wales over the year, adding £721m AUM and 26 team members during 2025.
In October 2024 UK private equity firm CBPE Capital LLP made a “strategic investment” in Clifton Wealth Partnership to be partly used to speed up Clifton’s acquisition programme.
