Advisory firm Fidelius has announced a strategic merger with London-based wealth manager Timothy James & Partners (TJP), creating a combined group with over £3bn in assets under management, annual revenues exceeding £30m, and a 50-strong team of financial advisers.
Under the agreement, TJP will retain its brand and identity while becoming part of the Fidelius group. Founder and managing director Tim Whiting will lead a newly created division focused on servicing high-net-worth and complex clients.
TJP’s senior management team will remain in place to support integration and continued growth.
The merger bolsters Fidelius’s presence in key sectors including SMEs, professional services, medical, arts and media, and positions the group as a leading independent, chartered advice firm in the UK.
STRATEGIC FIT
Ian Fowler, CEO of Fidelius, said: “TJP is a natural fit for Fidelius, both culturally and strategically. This is a major step in our five-year growth plan, enabling us to scale our operations, enhance central services, and develop a centre of excellence to support our network of advisers.”
Whiting added: “Fidelius shares our client-first ethos and entrepreneurial spirit. This partnership gives our advisers more time to focus on clients, supported by enhanced infrastructure and capabilities. Together, we’ll expand our reach beyond London and deepen our proposition.”
The enlarged group will offer a comprehensive suite of advisory services including wealth management, mortgages, corporate wealth and employee benefits, operating from offices in Bath, Cheltenham, Chelmsford, London and Nottingham.
Both Fidelius and TJP have grown organically over the past 25 years, complemented by targeted acquisitions.
The merger follows a minority investment in Fidelius by Swedish wealth manager Söderberg & Partners earlier this year, underpinning its strategy of expansion through high-quality partnerships.
