With offices in London, Glasgow, and Dundee, this is Advanta’s sixth acquisition in the last 18 months and adds a further £65 million AUM to Advanta’s stewardship.

Ken Anglestein, M W Wealth Management owner and director, said: “Working with Advanta will enable M W Wealth Management Ltd to significantly enhance its client proposition.

“The choice to partner with Advanta was an easy decision to make once it became clear that the two companies shared the same ethos and professionalism when considering client relationships and ongoing investment management.”

Craig Webster, CEO of Advanta, added: “We are delighted that M W Wealth Management has decided to become part of the Advanta team and that Ken, his clients, and staff are joining us. Ken has built a fantastic reputation with his clients and we look forward to working with him.”

Mr Webster added: “As a Chartered firm, we are totally focused on our clients needs and in doing so provide insight and understanding married with service, experience and knowledge.

“Continuing to raise the standards of advice and service is central to our strategy of creating a professional environment for our clients and their families.”