MWA Financial’s Acquisition of Prosperity Financial Advisors and Stockbrokers

In UK Brachers Law LLP, advised on the matter.

Brachers Law LLP advised MWA Financial with a team including Matthew Simmonds (Picture – Corporate M&A).

The acquisition is part of MWA’s growth plans to become a leading national IFA firm, with the company planning further acquisitions of high quality advice firms over the next three years.  The Prosperity deal takes MWA’s assets under advice to £300m and its adviser headcount to 15.

London based MWA are a leading IFA group specialising in acquisition and organic business development. The company launched in 2016 and uses a holistic advice model, focusing on implementing bespoke succession plans and offering partnerships for growth. Hampshire based Prosperity offer financial planning and investment advice to individuals and businesses.

Corporate Partner Matthew Simmonds (Picture) led the deal, supported by Senior Associate Tim Turner and solicitor Sunil Landa.

Involved fees earner: Sunil Landa – Brachers Law LLP; Matthew Simmonds – Brachers Law LLP; Tim Turner – Brachers Law LLP;

Law Firms: Brachers Law LLP;

Clients: MWA Financial;