The Private Office (TPO), a national wealth manager, has acquired IFA firm John Lamb Wealth Management as part of its plan to quadruple its revenue.

The merged business, which also includes TPO’s sister company, cash management data platform Savings Champion, has an annual turnover of over £12 million. TPO said it planned for this to exceed £50 million within the next seven years.

TPO chief executive Stuart Phillips said the firm was currently focused on growing the business organically through “the quality of our wealth management advice and lead generation”.

However, he noted that TPO was open to acq...