On March 4, 2025, Partners Wealth Management LLP announced its acquisition of Johnston Carmichael Wealth.
Partners Wealth Management LLP (“PWM”) announced on March 4, 2025, that it acquired Johnston Carmichael Wealth (“JCW”). Under the terms of the transaction, JCW will retain its existing team and continue to operate under the JCW name. Further terms of the deal were not disclosed.
PWM, based in Naperville, Illinois, is an independent wealth services firm providing comprehensive, integrated planning, and investment services to affluent families, institutions, and businesses. Following this acquisition, PWM managed a combined total of £6 billion client assets.
JCW, based in Aberdeen, Scotland, is the wealth management arm of Johnston Carmichael LLP providing financial planning, retirement planning, investment and pension advice services. As of the acquisition, JCW managed approximately £855 million in assets.
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