{"id":594723,"date":"2026-05-20T17:43:16","date_gmt":"2026-05-20T17:43:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/594723\/"},"modified":"2026-05-20T17:43:16","modified_gmt":"2026-05-20T17:43:16","slug":"glasgow-financial-planning-firm-record-as-nears-half-century","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/594723\/","title":{"rendered":"Glasgow financial planning firm record as nears half-century"},"content":{"rendered":"

\n Murphy Wealth<\/a>, which last year took on investment from S\u00f6derberg & Partners with the Swedish financial advice group acquiring a 30% stake and Adrian Murphy retaining a 70% holding, said its assets under management were \u00a3280 million at April 30.\n<\/p>\n

\n It noted this was up by 27% from \u00a3220m on April 30 last year.\n<\/p>\n

\n When Mr Murphy acquired the business from his father eight years ago, assets under management were around \u00a350m.\n<\/p>\n

\n Murphy Wealth reported that its turnover rose by 20% to nearly \u00a33m during the year to April 30.\n<\/p>\n

\n The firm said its record results were \u201cdelivered by the combination of a successful investment strategy and more entrepreneurs exiting their businesses” among its client base.\n<\/p>\n

\n Murphy Wealth, which will celebrate its 50th anniversary next year, plans to increase its workforce from 13 to 17 by the end of the summer. All of its staff are based at Sutherland House in Glasgow.\n<\/p>\n

\n Detailing the involvement of S\u00f6derberg & Partners, Murphy Wealth said: \u201cOn top of its direct business, the Swedish group operates as a long-term minority investor in financial planners across the UK and Scandinavia, without getting involved in their day-to-day operations.\n<\/p>\n

\n \u201cAs part of the investment, firms are provided with access to S\u00f6derberg & Partners\u2019 technology and systems, including AI (artificial intelligence) and machine learning tools. That gives their leadership teams more freedom and resources to invest in their operations and people, while advisers have more time to spend with clients.\u201d\n<\/p>\n

\n Read more\n<\/p>\n

\n Mr Murphy, chief executive of Murphy Wealth, said: \u201cThe beauty of the deal with S\u00f6derberg is that it has allowed us to do what we do well: focus on human-first financial advice. After a year of integration and alignment, the next 12 months will be about implementation. Access to the group\u2019s technology and systems will help us be more efficient and spend more time with our clients, supporting them with their financial objectives.\n<\/p>\n

\n \u201cOver the last year, we\u2019ve seen more entrepreneurs and senior members of the business community reach the point where they have exited their companies. As a result, our team has spent a lot of time working with them and their families to advise them through that process, setting them up financially for the long term.\u201d\n<\/p>\n

\n He highlighted Murphy Wealth\u2019s ambitions for further expansion.\n<\/p>\n

\n Mr Murphy said: \u201cWe know what we do is hugely important to people, and that\u2019s why we\u2019re focused on providing the best possible service to our clients. Continuing to grow and increasing our capacity is key for us in the year ahead, but it\u2019s equally imperative that we maintain the same standards, service, and hyper-personal touch we have always had. The technology we now have access to will help facilitate that.\u201d\n<\/p>\n

\n Highlighting Murphy Wealth\u2019s progress since it started nearly 50 years ago, he added: \u201cThe firm has come a long way since it was founded nearly half a century ago – and that has really accelerated in recent years. There is always more to do, but we\u2019re in a really good place and want to continue to push, innovate, provide a great place to work, and stand out in the market.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Murphy Wealth, which last year took on investment from S\u00f6derberg & Partners with the Swedish financial advice group…\n","protected":false},"author":2,"featured_media":594724,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[84,4176,4174,4175,56,54,55],"class_list":["post-594723","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/594723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=594723"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/594723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/594724"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=594723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=594723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=594723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}