Quilter Financial Planning, the financial advice network of Quilter, has added Belfast-based PHW Wealth Partners as its latest appointed representative firm, to strengthen its presence in Northern Ireland.

PHW offers tailored financial advice to high-net-worth individuals, business owners, and families across Northern Ireland.

It was founded by Chris Power, Ciaran Hamill, and Stephen Warke, a team that has worked in the financial services sector for a combined 60 years in investment management, retirement planning, and tax-efficient wealth strategies.

The appointment by Quilter of PHW follows recent appointments of two other Northern Irish firms, Harris & Co Wealth Management in December 2024 and Ciaran Preshur Wealth Management earlier this year.

Stephen Fryett, managing director of Quilter Financial Planning, said: "Chris, Ciaran, and Stephen bring a breadth of experience and a deep understanding of financial planning for their clients.

“Their decision to launch PHW Wealth Partners within Quilter is testament to the strength of our proposition in supporting new firms.

“Alongside Harris & Co Wealth Management, PHW Wealth Partners represents the growing demand for high-quality financial advice in Northern Ireland, and we look forward to supporting them as they grow their business."

Chris Power, co-founder of PHW Wealth Partners, said: "We saw a real opportunity to create a firm that prioritises personal relationships and tailored financial advice. By partnering with Quilter Financial Planning, we combine local expertise with the resources of a leading UK wealth management firm, ensuring our clients receive a personal experience with the best possible service and support."

Last month Quilter Financial Planning signed up four new appointed representative firms: LDB Wealth Management, Sound Wealth Planning, Andrassy Parkin Financial Planning, and MacKenzie Financial Management.

Quilter recently committed to undertake a review of historical data and practices across its Appointed Representative firms in the Quilter Financial Planning network. It said the review would investigate if the AR Firms in the QFP network met their ongoing servicing obligations to customers and, if not, "remediate customers" appropriately.

Earlier this month it allocated £76m in funds for an ‘ongoing advice review’ and may ask some advisers to pay back if clients have paid for ongoing advice which has not been delivered.