SON TAKES OVER COVENTRY-BASED WEALTH MANAGEMENT FIRM

BRI Wealth Management PLC has appointed a new CEO. Dan Boardman-Weston, 29, son of current CEO Simon Boardman-Weston will head up BRI from the 1st of April.

Simon acquired BRI in 1991 and will continue to work at the company as executive chairman.

BRI currently has 44 employees, more than 1,000 clients, that include individuals, charities, trusts, intermediaries and corporations and £384m of assets under management.

Simon Boardman-Weston, executive chairman, said: “I’m delighted to announce that Dan will succeed me as CEO. Dan has played an integral role on the board and management team, helping us to become the successful firm we are today. Dan will also maintain his responsibilities as chief investment officer, where he has excelled, and I am excited to see him lead the firm into the next stage of growth.”

Dan Boardman-Weston, CEO at BRI Wealth Management, said: “BRI is known for its professional, personal and friendly service and I am incredibly proud of BRI’s core values. It is therefore an honour to be appointed CEO at BRI. My father has led the business to where it is today and cemented the firm’s reputation as one of the best wealth management firms around. I am focussed and determined to lead the company through some very exciting years ahead.”

What this acquisition means for the buyer

This transaction reflects an internal leadership succession at BRI Wealth Management rather than an external acquisition. The appointment of Dan Boardman-Weston as CEO represents a planned transition of leadership within a long-established, independently owned wealth management firm.

With the outgoing CEO moving into an executive chairman role, the structure allows for continuity in strategic direction while introducing a new generation of leadership into day-to-day operations. Dan’s existing involvement as both a board member and chief investment officer may support a smooth transition for clients and staff.

Overall, this change represents a structured succession plan designed to maintain business continuity, preserve client relationships, and support the firm’s next phase of internal growth.

What this acquisition means for the buyer

This transaction reflects an internal leadership succession at BRI Wealth Management rather than an external acquisition. The appointment of Dan Boardman-Weston as CEO represents a planned transition of leadership within a long-established, independently owned wealth management firm.

With the outgoing CEO moving into an executive chairman role, the structure allows for continuity in strategic direction while introducing a new generation of leadership into day-to-day operations. Dan’s existing involvement as both a board member and chief investment officer may support a smooth transition for clients and staff.

Overall, this change represents a structured succession plan designed to maintain business continuity, preserve client relationships, and support the firm’s next phase of internal growth.

Market trend context

Across the UK wealth management sector, succession planning remains a key driver of long-term business structuring. Many firms established in the 1980s and 1990s are now transitioning leadership to the next generation, either through internal promotion or external sale.

There is an increasing focus on ensuring continuity of client relationships and investment philosophy during leadership transitions. As a result, firms are adopting structured succession models that allow for phased handovers while maintaining operational stability and client confidence.

How Capital & Trust typically supports transactions like this

Capital & Trust acts as a business broker, supporting owners and management teams in identifying potential succession or transaction opportunities aligned with their long-term objectives. The firm facilitates introductions between parties and assists in early-stage discussions where appropriate.

Where relevant, Capital & Trust may also support coordination between stakeholders and their appointed professional advisers during exploratory conversations. Its role is limited to originating and facilitating introductions, while all regulated financial, legal, and technical matters are handled by external advisers appointed by the parties.

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