What Colmore Partners does

Colmore Partners Limited is an employee-owned, Chartered independent financial planning firm headquartered in Birmingham at 23 Colmore Row, founded in 2021 by Richard Meek and others and operating as an appointed representative of Best Practice IFA Group Limited (itself owned by Benchmark Capital, a Schroders plc subsidiary). The firm serves 365 client family groups across the UK with approximately £650 million in assets under advice, targeting high-net-worth individuals, business owners, retirees, and families requiring holistic planning across retirement, investment management, business sale proceeds, inheritance tax, intergenerational wealth transfer, divorce, and care planning. The product surface is centred on a personalised financial plan branded as the 'Grand Plan' and the proprietary Wealth Platform client portal, launched May 2026, which consolidates assets, liabilities, risk profiles, and documents; AI-assisted meeting note generation and AI chatbots are used internally and for basic client queries. Distribution is sales-led through direct advisory meetings, an established professional introducer network of accountants and solicitors, organic client referrals, and content-led channels including the Colmore Chats podcast, Money Alive educational videos, and the MoneyKats financial education platform co-founded in late 2025. Revenue is generated via fee-based advisory services structured around percentage-of-AUA ongoing charges and fixed-fee arrangements; no revenue is publicly disclosed.

Name

Colmore Partners

Legal name

Colmore Partners Limited

Website

https://colmorepartners.co.uk

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Colmore Partners is an employee-owned, Chartered UK financial planning firm in Birmingham serving 365 client family groups with ~£650M in assets under advice through holistic financial plans, a proprietary Wealth Platform client portal, and a professional introducer referral network.

Ownership category

akta.pro rank

Product category

Independent Financial Advisory

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

akta.pro secondary industry

Comprehensive Financial Planning (FSAEAAAA)

Keywords

• Financial planning services
• Wealth management advisory
• Retirement planning services
• Estate and inheritance planning
• Investment advisory services

Headquarters

HQ city

Birmingham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Planning Advisory Fees: Fee-based financial planning and advisory services for high-net-worth individuals, business owners, and families. Services include retirement planning, investment management, estate planning, and intergenerational wealth transfer.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Colmore Partners is an employee-owned independent Chartered Financial Planning firm that provides personalised, fee-based financial planning and wealth advisory services to individuals, families, and business owners across the UK. Its core services include growing-wealth planning, retirement planning, business sale planning, inheritance and intergenerational wealth transfer, divorce/separation financial planning, and care planning, all consolidated and delivered through its proprietary Wealth Platform client portal and supported by AI-assisted meeting notes.

Product overview

Colmore Partners is an independent, Chartered Financial Planning firm offering a unified service centered around personalized financial planning. The core offering is their proprietary Wealth Platform client portal, which consolidates clients' financial information including investments, savings, liabilities, and documents. The firm also offers educational content through the MoneyKats platform (co-founded with leadership) and produces the Colmore Chats podcast series. Services span wealth growth, retirement planning, business sale planning, inheritance planning, divorce planning, and intergenerational planning.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Platform Proprietary client portal providing a consolidated, secure view of clients' financial positions, including assets managed by Colmore, external assets, liabilities, risk profile, and progress over time. The platform also serves as a secure document hub for financial reports, tax documents, and planning materials.
• Financial Planning and Wealth Advisory Services Fee-based financial planning and wealth advisory service that builds a personalised 'Grand Plan' for individuals, families, and business owners, covering wealth accumulation, tax-efficient structuring, retirement, estate, and intergenerational planning.
• MoneyKats Financial education platform providing free, digestible educational resources, including courses tailored to different life stages and engaging video content designed to help people build confidence in managing their finances.
• Colmore Chats Podcast Bi-monthly podcast series from Colmore Partners featuring firm planners in conversation with external guests, exploring financial themes in an accessible format.

Quantifiable outcome

• More than doubled AUA from £250 million to £650 million in 5 years
• +2 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• Benchmark CapitalcoreTechnology or IntegrationProvides regulatory compliance support, FCA compliance, AML checks, and data protection services as part of the Best Practice IFA Group. Also provides leading technological solutions, practice management technology, and client portal for improved business efficiency and client service.
• FE AnalyticssupportingTechnology or IntegrationProvides investment analysis on over 300,000 funds, instruments and discretionary investment managers. Used for reviewing investment performance and providing context versus other investments and indices.
• Asset IntelligencesupportingTechnology or IntegrationIndependent investment research consultancy with extensive quantitative and qualitative research capabilities. Supports client proposition and recommends suitable investment funds for client portfolios.
• Asset Risk Consultants (ARC)supportingTechnology or IntegrationProvides investment consulting, manager research and performance reporting to private clients, charities, family offices, and professional trustees. Used to review all existing discretionary held investments and support new recommendations.
• Money AlivesupportingStrategic or Co-development PartnerProvides suite of bite-sized educational videos used to help clients understand complex financial topics. Partnership provides interactive, impartial educational content covering pensions, investments, estate planning, and other financial subjects.
• MICAPsupportingTechnology or IntegrationLeading research provider in alternative investment space covering Enterprise Investment Schemes (EIS), Venture Capital Trusts (VCT), Business Relief vehicles, and AIM portfolios. Research used to support client recommendations.
• Best Practice IFA Group LimitedcoreImplementation/ SI/ Consulting PartnerColmore Partners is an appointed representative of Best Practice IFA Group Limited, which is authorized and regulated by the FCA (FRN 223112). Best Practice assists with compliance activity, FCA compliance, AML checks, and data protection. Owned by Benchmark Capital Ltd, wholly owned by Schroders plc.
• W1MsupportingTechnology or IntegrationInvestment management firm. Co-Head of Multi-Asset investing Luke Hyde-Smith featured on Colmore Chats podcast discussing investing, portfolio construction, and market forces. Multi-asset funds used in client portfolios.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• St. James's Place: UK market-leading wealth manager/adviser network with thousands of partners serving HNW individuals across the country. Broad incumbent comparison for scale, brand and reach; differs in face-to-face advice-partnership model rather than employee-owned model.
• Succession Wealth: One of the UK's largest IFA consolidators acquiring and integrating independent advice firms; serves HNW individuals and business owners nationally. Relevant incumbent to benchmark against because it explicitly pursues the same founder-led firms Colmore represents and competes with them for adviser talent.
• Quilter plc: UK wealth manager with a large advised-platform business supporting independent financial advisers nationwide. Comparable on UK mass-affluent-to-HNW target market and adviser-relationship-led distribution.
• Brooks Macdonald: UK wealth manager providing discretionary investment management and financial planning to HNW private clients, intermediaries and charities. Comparable on UK private-client wealth target and chartered-quality positioning, but operates at much larger scale.
• Rathbones Group: UK listed wealth manager offering discretionary investment management, financial planning and tax services to private clients, charities and trustees. Comparable client base and advisory-led services; large broker-dealer scale offering portfolio benchmark.
• Evelyn Partners: UK wealth management and professional-services firm (formerly Tilney) offering investment management, financial planning, and tax advice to HNW individuals, families, and business owners. Comparable on holistic planning for business owners, but materially larger.
• Ascot Lloyd: UK IFA consolidator offering financial planning, investment management and tax advice to private clients and small-business owners through a network of acquired local firms. Comparable on services, target client, and private-equity-backed growth strategy.

Direct peers

• Baigrie Davies & Co: Boutique London-based chartered independent financial adviser providing holistic financial planning to private clients and business owners. Directly comparable to Colmore on fee-based financial-planning-led services, Chartered positioning, and entrepreneur-specialist niche.
• Helm Godfrey: Independent chartered financial adviser in London and Cambridge providing fee-based wealth management and financial planning to HNW individuals and families. Highly comparable offering mix (investment management, retirement, estate planning, intergenerational wealth) and clientele, but larger and more established.
• Wren Sterling Financial Group: UK-based independent financial advisory group offering holistic financial planning to individuals and business owners, with a multi-office national footprint. Closely comparable to Colmore in customer base (HNW individuals, business owners), fee model (advice-led), and UK regulatory positioning; differs mainly in being larger and PE-backed.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/colmore-partners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Colmore Partners