LONDON: B.P. Marsh & Partners Plc, a specialist investor in early-stage financial services companies, announced Tuesday it has made an investment in newly formed independent financial advice business Nine Edge Wealth Ltd.
The London-based investor acquired a 30% equity stake in Nine Edge for nominal consideration and provided a £5 million loan facility to support the company’s growth strategy. Of that total, £1.75 million was drawn at completion.
Upon completion of the transaction, Nine Edge acquired Edinburgh-based RMS Ltd., an advice firm with approximately £70 million in assets under management that focuses on clients with pension assets exceeding £250,000. The acquisition provides Nine Edge with immediate regulatory permissions and a recurring revenue base that will serve as the foundation for organic growth and further acquisitions, the company said.
Nine Edge has commenced operations with offices in London and Edinburgh. In addition to core financial planning and advisory services, the firm plans to develop complementary offerings including tax advisory, wills, executor services and trusts.
The business was founded by Derek Miles, former CEO of Aspira Corporate Solutions, extending B.P. Marsh’s longstanding relationship with the industry veteran. Miles brings more than 25 years of experience in the UK financial planning sector. He founded Aspira in 2003 and grew it into a national advisory business with approximately £4 billion in assets under advice prior to its sale to Titan Wealth Management in 2024. He most recently served as CEO of Titan Wealth Planning until December 2025.
Oliver Bogue, investment director at B.P. Marsh, has been appointed to the Nine Edge board.
“We’re incredibly proud to be launching Nine Edge Wealth with the support of B.P. Marsh, bringing together a team of talented professionals united by shared values and a genuine desire to improve how financial planning is delivered,” Miles said in a statement.
Dan Topping, CEO of B.P. Marsh, said the investment aligns with the firm’s strategy of backing experienced management teams at an early stage.
“We are pleased to support the launch of Nine Edge Wealth and to be working with Derek again, given his strong track record in building and exiting a successful financial planning business,” Topping said.