The Penny Group acquires Isham Financial Centre Limited
The Penny Group continues to grow
The Penny Group is pleased to announce that it has completed its acquisition of Isham Financial Centre Limited (Isham). Isham is headed up by David Sawiak, who has over 42 years’ experience in the financial advisory sector. The Kettering-based firm supports clients with a broad range of financial planning services, including pensions, life assurance, investment and wealth management, mortgage services and general insurance.
David Sawiak will be helping to ensure a careful handover of his clients before retiring. Isham’s clients will gain access to TPG’s wider infrastructure, with enhanced processes and technology as well as adviser support.
The Penny Group's ongoing growth strategy
This latest acquisition forms part of TPG’s ongoing expansion strategy. As the largest wealth business within the Openwork Partnership, TPG works closely with other Openwork practice owners during their succession planning, in order to ensure a smooth and structured integration for their clients.
The acquisition takes TPG total client assets to in excess of £1.5bn as it continues to grow through a combination of strategic acquisitions and organic development.
Matt Grimes, Managing Director at The Penny Group:
“We are delighted to welcome Isham clients to The Penny Group. Isham is a respected and established firm with strong client relationships, and we look forward to continuing the excellent service that their clients are accustomed to. We also want to take this opportunity to thank David for all his hard work and assistance during this client transition phase and wish him well for his upcoming retirement. This acquisition is an example of how thoughtful succession planning can ensure continuity for clients while opening up new growth opportunities.”
David Sawiak, Managing Director at Isham Financial Centre Ltd.
“I have very carefully selected The Penny Group because they hold the same high ethical approach and standards of personal service and professionalism that we strive to achieve, and at the same time bring an additional dimension of youthful energy, new ideas and advanced technology usage.”
Get in touch
Email info@thepennygroup.co.uk or call 0207 061 2345 if you have any questions or should wish to speak to one of our advisers.
