Press Releases

Old Mutual Wealth Private Client Advisers
acquires Maestro

10 May 2017

Old Mutual Wealth Private Client Advisers is today pleased to announce the acquisition of Maestro Financial Services (Maestro).

The Cheadle-based business will become part of Old Mutual Wealth Private Client Advisers and operate as part of the firm’s Chester region.

Owner and managing director Niel Lingwood will join Old Mutual Wealth Private Client Advisers, alongside additional support staff.

The acquisition adds more than £120m in assets under advice to the Old Mutual Wealth-branded adviser business.

Maestro was set-up by Niel in 1984. It has since grown into a successful financial planning business, acquiring Shaw Heath Insurance Services in 2008; and the financial planning business of Kay Webb & Co in 2010.

Old Mutual Wealth Private Client Advisers managing director, Nigel Speirs says:

“In 2015 we launched Old Mutual Wealth Private Client Advisers with the aim of helping a growing number of UK households realise the benefits of professional financial planning. I’m delighted that we can now add to our Chester office by welcoming Niel and his colleagues into the business.”

Niel Lingwood adds:

“I’m really pleased to be joining Old Mutual Wealth Private Client Advisers, which shares Maestro’s values and principles and will offer our clients continuity and ongoing service from trusted and reliable national financial planning business.”


Notes to Editors:

Old Mutual Wealth Private Client Advisers is an appointed representative of Intrinsic, part of Old Mutual Wealth. 


Michael Glenister
Old Mutual Wealth
020 7778 9638
07469 144535

Notes to Editors:

Old Mutual Wealth

Old Mutual Wealth is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

It has an adviser and customer offering spanning:

Financial advice delivered by the Intrinsic network in the UK and AAM Advisory in Singapore
Platform based wealth management and protection products delivered by Old Mutual Wealth in the UK and Old Mutual International globally
Asset management solutions delivered by Old Mutual Global Investors
Discretionary investment management delivered by Quilter Cheviot.

Old Mutual Wealth oversees £122.2 billion in customer investments (as at 31 March 2017).

Old Mutual Wealth is part of Old Mutual plc, a FTSE 100 group that provides life assurance, asset management, banking and general insurance. Old Mutual is trusted by more than 19.4 million customers across the world and has a total of £394.9 billion of assets under management (as at 31 December 2016).

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Old Mutual Wealth Management Limited, a Private Limited Company (Company Number 0604270), Old Mutual House Portland Terrace Southampton Hampshire SO14 7EJ.

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