Five Wealth surpasses £1bn AUM as strengthens team to accelerate growth

Five Wealth, one of the North West’s leading wealth management businesses, has exceeded £1 billion in assets under management (AUM) for the first time, marking a major milestone in its growth journey.

The Manchester-based firm ended July 2025 with £1,080.6m AUM, up from £794.6m the previous year, a 36 per cent increase driven by organic growth and the expansion of its advisor team.

Over the same period, revenues rose to approximately £4.5m for the year ending 31 July 2025, up from £3.8m in 2023/24, an increase of more than 18 per cent.

This milestone follows £6.7m investment from Foresight Group in 2023, which has enabled Five Wealth to accelerate its strategic growth plan. Since the investment, the firm has expanded its headcount by 20 per cent, made a series of senior appointments, and promoted long-standing team members Liz Colfer, Amy Grace and Rick Gosling to director positions.

The strengthened leadership team forms a key part of Five Wealth’s long-term succession strategy, ensuring clients continue to receive trusted, consistent, and relationship-driven advice from advisers who understand their full financial journey.

Building on its momentum, the firm now aims to double AUM again within the next three to four years, targeting a blend of continued client referrals, strategic acquisitions and selective recruitment.

Recent changes to inheritance tax and pension legislation have driven a surge in demand from business owners seeking strategic financial planning. Five Wealth specialises in helping business owners navigate major financial transitions – from growth and success to wealth preservation- building enduring partnerships that deliver clarity and confidence across generations.

Phil Shaw Managing Director at Five Wealth, said: “We’ve come a long way since our backing from Foresight in 2023. The support we’ve received from Foresight and our clients has enabled Five Wealth to go from strength to strength.

“We’ve built Five Wealth around understanding the real journeys business owners are on – their challenges, ambitions, and family priorities. Our growth has come from standing alongside them, not just managing money.

“This tremendous increase in AUM is not the only story and behind the scenes we have been working hard on creating the internal structures to scale up in a meaningful, but sensible way. This next chapter is focused on ensuring we don’t lose sight of why we are here, while continuing to invest in people and technology to ensure our service and proposition is set up to repay the faith and trust our clients put in us.”