Montgomery Charles Wealth Management

What Montgomery Charles Wealth Management does

Montgomery Charles Wealth Management, trading as Montgomery Charles Financial Management Ltd., is a privately held, FCA-authorised independent financial planning firm founded in 1996 and headquartered in Trowbridge, Wiltshire, with operations focused on Wales & Western England. The firm delivers fee-based, whole-of-market financial planning to three segments: business owners, principal dentists (its primary vertical), and high-net-worth private clients. Its core methodology, the Financial Life Plan (FLP), uses cashflow projection software to model retirement scenarios, stress-test plans against market, health, and longevity events, and produce personalised plans integrating business, personal, and pension finances.

The firm is differentiated primarily by deep specialisation in NHS pension schemes and the financial planning needs of principal dentists, an expertise held by CEO Mike Marigold (25+ years in dentist NHS pension advisory) and other Chartered Financial Planners on the team. The product surface spans investment management, retirement and pension planning, inheritance tax mitigation (using LLPs, AIM ISAs, and gifting strategies), practice sale preparation, and a recently launched Employee Wealth Fund developed with the Employee Ownership Association for businesses transitioning to employee ownership. Distribution is driven by direct advisory consultations, a recurring 'Putting Profit Back into Practice' dental seminar series held across multiple UK venues, blog and newsletter content, and PR placements in the British Dental Journal.

Revenue derives from recurring advisory fees on a tapered schedule (with higher-wealth clients paying reduced rates), supplemented by initial complimentary consultations used as a conversion mechanism. The firm received two major 2025 industry awards — COLWMA Wealth Manager of the Year for Wales & Western England and Professional Adviser Best Financial Advisers to Work For — validating both its market position and employer brand. There is no disclosed external investment, M&A activity, or parent company; the firm appears to be founder/management-owned and self-funded.

Name

Montgomery Charles Wealth Management

Legal name

Montgomery Charles Financial Management Ltd.

Website

https://montgomerycharles.co.uk

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Montgomery Charles Wealth Management is an FCA-authorised independent financial planning firm founded in 1996, providing fee-based holistic financial advice to business owners, principal dentists (primary), and high-net-worth private clients across the UK.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSABADAD

Private Banking Advisory & Discretionary Portfolio Management

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Private Banking

SECONDARYFSAAAAAJ

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail)

Financial & Insurance/Asset & Wealth Management/Retail & Mass-Affluent Wealth Management

SECONDARYFSABADAC

Affluent / Mass-Affluent Private Banking

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Private Banking

Keywords

• Independent financial planning
• Wealth management services
• NHS pension advisory
• Inheritance tax planning
• Investment management

Headquarters

HQ city

Trowbridge

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Financial Planning and Advisory Services: Montgomery Charles operates as a fee-based independent financial planning firm. The firm provides holistic financial planning services including investment management, retirement planning, inheritance tax planning, and pension advice. Revenue is derived from advisory fees charged to clients for financial planning services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Montgomery Charles Wealth Management is an independent whole-of-market financial planning firm providing holistic wealth management services to UK business owners, principal dentists, and private clients. Its offering centres on integrated Financial Life Plans combining investment management, retirement and pension advisory (with a specialist NHS pension proposition for principal dentists), inheritance tax planning, and protection advice, supported by cashflow modeling and a percentage-of-assets fee structure.

Product overview

Montgomery Charles Wealth Management is an independent financial planning firm offering holistic wealth management services since 1996. The core offering centers on Financial Life Plans (FLP) using sophisticated cashflow modeling software, supplemented by specialist services for Business Owners, Principal Dentists, and Private Clients. The firm provides investment management (both ethical and standard portfolios), pension planning with NHS pension expertise, inheritance tax planning, and generational wealth planning. Additional offerings include an Employee Wealth Fund for businesses approaching employee ownership, and a Client Zone portal. The firm operates a seminar program called 'Putting Profit Back into Practice' targeting dentists, delivered in partnership with dental industry specialists. Montgomery Charles is FCA authorized and delivers fee-based, independent advice across the whole market.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Life Plans (Holistic Financial Planning) An integrated, whole-of-market financial planning service built around a client-specific Financial Life Plan, combining investments, retirement, protection, and tax planning into a single roadmap, supported by cashflow modeling. Targeted at UK business owners, principal dentists, and private clients seeking one coordinated plan rather than separate product-focused advice.
• Investment Management Service Ongoing portfolio management service delivering whole-of-market investment solutions aligned to the client's Financial Life Plan, risk profile, and objectives. Available to all client segments: business owners, principal dentists, and private clients.
• NHS Pension Scheme Advice (for Principal Dentists) Specialist advisory service for NHS principal dentists covering NHS Pension Scheme benefits, annual allowance tax charges, retirement timing, and integration with personal wealth. Delivered as part of the firm's Financial Life Plans framework.
• Inheritance Tax Planning Advisory service helping clients mitigate inheritance tax exposure through estate planning, gifting strategies, trusts, and integration with their broader Financial Life Plan. Available to business owners and private clients.
• Protection Advice Whole-of-market advice on life cover, critical illness, income protection, and business protection products, structured to align with the client's Financial Life Plan. Targeted at private clients, business owners, and professionals.
• Retirement and Pension Advisory Advisory service covering workplace pensions, SIPPs, drawdown, and retirement income planning, with particular depth for dentists on the NHS Pension Scheme. Integrated into the wider Financial Life Plan.
• Cashflow Modeling Modeling-based service that projects a client's future income, assets, liabilities, and lifestyle goals under different scenarios to inform financial planning decisions. Embedded within the Financial Life Plans process.
• Complimentary Initial Consultation A free, no-obligation introductory meeting (in person, video, or telephone) to discuss a prospect's financial goals and assess fit with Montgomery Charles's services before any fee-based engagement.

Quantifiable outcome

• Vanguard research suggests financial advisers can add up to 3% net value per year through cost-effective implementation (0.30%), investment wrapper selection (0.60%), asset rebalancing (0.14%), dynamic withdrawal strategies (1.20%), and behavioural coaching (2.00%)
• +5 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Christie & CocoreStrategic or Co-development PartnerSpecialist dental practice brokers who partner with Montgomery Charles at the 'Putting Profit Back into Practice' seminar series. Christie & Co speakers present on practice sale preparation, valuations, and deal structures. Steve O'Connor (Associate Director) and Jonathan Watson (Director) have represented the firm at multiple events.
• KnightscoreStrategic or Co-development PartnerLegal and professional services firm with particular expertise in the dental sector. Alex Hall, Partner, specialises in acting for dentists on corporate, commercial, and regulatory matters including practice purchases, sales, incorporations, and NHS contract disputes. Presented at multiple 'Putting Profit Back into Practice' events.
• Humphrey & CocoreStrategic or Co-development PartnerChartered accountants and tax advisors with expertise in the dental sector. Mike Bryan and Seb Stracey from the firm present at Montgomery Charles events on tax planning, practice sale structuring, and accountancy matters for dental practices.
• Henry Schein Dental Practice SalescoreStrategic or Co-development PartnerThe largest specialist broker of dental practices in the UK. Alison Bates (Business Development Team Manager) and Peter Cummings (Practice Valuations Manager) from Henry Schein MediEstates have spoken at 'Putting Profit Back into Practice' events on practice valuations and sale processes.
• Employee Ownership Association (EOA)minorStrategic or Co-development PartnerThe firm developed the Employee Wealth Fund in partnership with the Employee Ownership Association, specifically for businesses approaching financial freedom through employee ownership. Montgomery Charles connected with business owners at EOA events throughout 2024, culminating in the national EO Conference.
• Lily Head Dental Practice SalesminorStrategic or Co-development PartnerDental practice sales specialist who partnered with Montgomery Charles at the 'Putting Profit Back into Practice' event in Leamington Spa.
• Spot OnminorGTM or Marketing PartnerListed as one of Montgomery Charles's brilliant partners who worked with the firm throughout 2024.
• Haven Risk Management LtdminorImplementation/ SI/ Consulting PartnerCompliance consultants who help ensure Montgomery Charles abides by the Financial Services and Markets Act (FSMA) 2000 and other regulations. Disclosed in the Privacy Policy as a third party that may receive client information for compliance purposes.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Foster Denovo: UK chartered financial planning firm serving individuals, business owners and professionals with a mix of independent and restricted advice. Comparable in client mix, holistic-planning emphasis and UK mid-market footprint.
• JM Finn: London-based boutique private investment manager providing discretionary portfolio management and wealth planning for HNW individuals, families and trusts. Comparable in scale, fee model and holistic advisor-led approach.
• Seven Investment Management (7IM): UK wealth manager offering discretionary and advised investment management to private clients, intermediaries and pension schemes. Similar fee-based model and product breadth to Montgomery Charles.
• Saunderson House: UK independent multi-family office and private wealth advisor with comparable size, fee-based HNW focus, and an advisor-led (rather than digital) service model. Directly comparable in target clientele and proposition depth to Montgomery Charles.
• Brooks Macdonald: UK wealth manager providing investment management and financial planning services to HNW individuals, families and institutions. Comparable in client focus, fee model and holistic advisory proposition.
• Killik & Co: Long-established London-based private client investment manager serving HNW individuals and families through a relationship-led advisor model. Closely comparable in firm ethos and target client profile.

Broad incumbents

• Brewin Dolphin (RBC Wealth Management UK): UK private investment and wealth manager (now part of RBC Wealth Management) offering discretionary management, financial planning and advisory services to HNW clients. Overlapping HNW client base and proposition but at materially larger scale.
• Rathbones: One of the UK's largest listed wealth managers, offering investment management, financial planning and trust services across the UK. Overlaps with Montgomery Charles's HNW proposition but at meaningfully greater scale and breadth.
• Evelyn Partners: UK wealth manager and professional services group formed from the merger of Tilney and Smith & Williamson, providing wealth management, financial planning and tax advice to HNW clients and intermediaries. Overlapping proposition to Montgomery Charles at far greater scale.

Emerging players

• Wesleyan: Mutual financial services specialist focused on professionals in healthcare, teaching and dental sectors. Highly relevant as a sector-specialist peer for Montgomery Charles's NHS dental expertise, though narrower in overall wealth management scope.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/mont_charles
• Facebookfacebook.com/MontgomeryCharlesFM
• LinkedInlinkedin.com/company/montgomery-charles-financial-management-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Montgomery Charles Wealth Management