Subject to regulatory approval, W1M Wealth Management has agreed to purchase independent wealth and investment management firm Vermeer Partners. Since Waverton and London & Capital merged in July 2024 and rebranded as W1M in June 2025, the W1M Vermeer Partners acquisition has been the company’s first transaction.
The anticipated completion date of the deal is spring 2026. According to W1M, the transaction is in line with its plan to expand in response to market consolidation in the UK wealth management sector.
“At W1M, we are building what we believe to be a truly distinctive proposition that caters to an increasingly complex, international, and multigenerational wealth landscape,” said Guy McGlashan, CEO of W1M Wealth and Investment Management.
“Our integrated model brings together wealth advice, investment management, and reporting under one roof in a way we believe sets us apart from what the market currently offers,” he added.
McGlashan said achieving that vision requires scale to allow the business to compete effectively, while maintaining a strong focus on organic client growth.
“While organic client growth remains our core focus, we are also actively seeking high-performing teams and businesses that share our values and would find a welcoming home at W1M, both culturally and strategically, for their people and their clients,” he said.
“Vermeer fits that vision perfectly. We are delighted to welcome them into the business and will ensure a seamless transition for their clients.
“Our priority will be to continue delivering outstanding service while introducing them to the broader wealth offering that makes W1M unique; something we believe will add immediate and lasting value.”
The W1M Vermeer Partners acquisition forms part of W1M’s ambition to become one of the UK’s leading integrated wealth and investment management firms.
Founded in 2018, Vermeer Partners oversees more than £2 billion in assets under management and serves high-net-worth individuals, intermediaries, charities, and trusts. Under the deal, Vermeer clients will gain access to W1M’s investment capabilities, financial advisory services, international expertise, and wider client propositions.
Vermeer executive chair Simon Melling said: “In W1M, Vermeer has found a partner that provides the breadth of capability our clients demand, and which also shares our client-first ethos and long-term investment philosophy.”
He said the combination will help the Vermeer team respond to changing client needs in a rapidly evolving industry.
“There is no doubt within the Vermeer team that W1M will be an outstanding home for both current and prospective clients and our team,” he added.
“We are delighted to be joining their exciting journey to become one of the UK’s leading wealth managers.”