GLASGOW wealth management firm Murphy Wealth has posted record turnover a year after securing investment from one of Europe’s largest financial advice groups.
The firm said and assets under management (AUM) grew 27% year on year from £220m to £280m, pushing turnover close to £3m for the first time – a 20% increase on April 2025.
The results come despite market volatility linked to the conflict in the Middle East and just in time for the company’s 50th anniversary next year.
Murphy Wealth attributed the performance to a combination of strong investment returns and a surge in entrepreneurial exits among its client base, with more business owners reaching the point of selling up and requiring wealth management support for themselves and their families.
The firm took on a 30% minority stake from Swedish group Söderberg & Partners 12 months ago.
The group, which backs financial planners across the UK and Scandinavia, has provided Murphy Wealth with access to AI and machine learning tools as part of the deal.
CEO Adrian Murphy took the helm eight years ago when AUM stood at £50m. The firm now plans to grow its headcount by 20% by the end of the summer as it scales up ahead of its anniversary year.
Adrian Murphy, CEO of Murphy Wealth, said: “The beauty of the deal with Söderberg 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’s technology and systems will help us be more efficient and spend more time with our clients, supporting them with their financial objectives.
“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.”
He added: “We know what we do is hugely important to people, and that’s why we’re 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’s 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.
“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.”
Murphy Wealth was founded in Glasgow in the mid-1970s and has grown to become one of Scotland’s established independent financial planning firms.
Ross Chalmers is a journalist focusing on local Edinburgh news, transport, the environment, the arts, and housing.
He graduated from Edinburgh Napier University with a degree in journalism in Summer 2025 and began working at Deadline News as a reporter in August.
