Maseco Private Wealth Bolsters Partner Ranks Amid Demand for US-UK Advice
- Chapters Capital
- 1 day ago
- 2 min read
15th April 2025
London-based Maseco Private Wealth, a specialist in cross-border financial advice for clients with US and UK planning requirements, has significantly expanded its leadership by welcoming seven new partners amid ongoing rapid growth. The firm’s AUM has now surpassed £3bn ($4bn), driven by strong organic client growth and continued uncertainty among US expatriates navigating complex international tax and financial planning.
Founded in 2008 by Josh Matthews and James Sellon, Maseco’s niche expertise in advising US citizens residing in Britain has become increasingly sought after. This strategic specialisation and a robust net promoter score (NPS) system designed to drive referrals has accelerated the firm’s growth trajectory, more than doubling its assets since 2019, when it managed £1.8bn.
The seven newly appointed partners come from diverse roles within the firm, reflecting Maseco’s holistic approach to client management and operational excellence. Among them are Chief Investment Officer Damian Barry, senior wealth planners Patrick Bowen, Ollie Cutting, and Stephen Johnson, compliance head Marc Cane, discretionary fund manager Cormac Naughten, and senior wealth planner Kyle McClellan. This expansion increases the partnership group to 15, underscoring the firm’s confidence in their collective ability to lead continued growth.
Co-founder Josh Matthews praised the new partners’ "exceptional commitment," noting that their elevation illustrates the firm’s dedication to maintaining its specialised edge. Senior wealth planner and new partner Ollie Cutting stressed that the firm’s growth and resulting leadership expansion are closely linked, reflecting the rising demand for specialised cross-border advice.
This internal leadership growth at Maseco complements wider market trends previously reported by Chapters Capital, such as AAB Wealth's expansion into London with the acquisition of Magus Wealth and Newcastle Financial Advisers' strategic buyout to strengthen local client relationships. These developments demonstrate how targeted leadership investments can support long-term sustainable growth.
At Chapters Capital, we specialise in financial planning and wealth management M&A and understand the importance of strategic acquisitions for growth. Whether you are considering a sale, merger, or expansion or want to learn more about buyers in the space, contact one of our professional associates today for a confidential, no-obligation consultation.