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nd February 2021 1:27 pm
A wealth manager that was part of a group which faced claims over British Steel advice has rebranded from Bartholomew Hawkins Asset Management to Maven Wealth Management Limited.
Bartholomew Hawkins Group was acquired by Independent Wealth Planners UK in August 2019 after the FCA approved the change of control.
The Bartholomew Hawkins Group previously had two subsidiary firms – advice firm Bartholomew Hawkins Limited and wealth manager Bartholomew Hawkins Asset Management.
Bartholomew Hawkins Limited went into liquidation on 23 October 2020.
In December 2017, the advice firm BHL ceased all regulated activities relating to defined benefit pension transfers. The business had previously given advice to members of the British Steel Pension Scheme.
As it rebrands the business
Independent Wealth Planners UK (IWP) has made several changes to its Welsh regional hub.
The IFA group has changed the operation’s name to Maven Wealth Management from Bartholomew Hawkins Asset Management, which was acquired by IWP in 2019.
IWP has also appointed Wes Nixon as chief executive of the hub.
The firm said: “The name change reflects the broad range of services offered by Maven Wealth Management and represents the holistic financial advice offered and the tailored service Maven clients experience.”
Maven’s support staff and advisers will continue to serve their clients from their Cardiff offices. Maven will remain independently authorised and regulated by the Financial Conduct Authority.
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