Harwood Wealth Management, a UK based financial planning and discretionary wealth management business, has agreed to purchase Goldwyns Wealth Management Limited and the trade and assets of Andrew Routley Pension Limited.

Based in Southend on Sea, Goldwyns has been bought for £0.8 million, whilst Routley, a Portsmouth based financial advisory firm, has been bought for £0.6 million.

In both cases, the purchase price is payable 50 percent on completion (expected to be in October and December 2019, respectively) followed by two instalments of 25 percent each due to be paid on the first and second anniversaries of completi...