Murphy Wealth hiring staff after record results – Daily Business

Adrian Murphy: a year of integration

Murphy Wealth, the Glasgow-based financial planner, intends to expand its headcount after reporting record results.

Turnover and assets under management (AUM) rose a year after taking on investment from one of Europe’s largest financial advice groups.

Despite the downturn in the markets caused by the Middle East conflict, Murphy Wealth said AUM had risen 27% year on year from £220 million to £280m while turnover was 20% higher at just under £3m.

The figures come ahead of Murphy Wealth’s 50th anniversary next year and 12 months after Söderberg & Partners took a 30% stake in the firm.

On 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.

As part of the investment, firms are provided with access to Söderberg & Partners’ technology and systems, including AI and machine learning tools.

Murphy Wealth said its record results were delivered by the combination of a successful investment strategy and more entrepreneurs exiting their businesses among its client base.

With AUM rising from £50 million when CEO Adrian Murphy took over the firm eight years ago, plans are in place to grow the team significantly in 2026 – the wealth manager expects to increase headcount 20% by the end of the summer.

“After a year of integration and alignment, the next 12 months will be about implementation. Access to the group’s technology and systems will help us be more efficient and spend more time with our clients.

“Over the last year, we’ve 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.

“Continuing to grow and increasing our capacity is key for us in the year ahead.

“The 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’re in a really good place and want to continue to push, innovate, provide a great place to work, and stand out in the market.”

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