A new wealth group which launched in June, has said today it is targeting £10 million in acquisitions as part of an expansion drive.

Bowmore Wealth Group was created as a result of a merger between The Citimark Partnership, a chartered financial planner with over 450 high net worth clients, and Bowmore Asset Management, a discretionary fund manager founded in 2014.

The firm will be targeting advisers with up to £100 million assets under advice and fund managers with up to £200 million funds under management.