Wealth manager Titan Wealth is to take over the development and management of the investment propositions offered by national IFA, pensions and employee benefits consultancy firm LEBC/Aspira.

The move results from a new strategic partnership between the two firms.

Under the deal, Titan Asset Management will develop the investment proposition and manage the LEBC/Aspira Model Portfolio Service investments.

It said the partnership, “will enhance LEBC’s offering to clients and further elevate Titan Asset Management’s position in the market.”

LEBC/Aspira, Based in Bristol, was established in 2000 and employs Financial Planners and corporate consultants across the UK.

John Leiper, chief investment officer of Titan Asset Management, said: “LEBC/Aspira is an outstanding firm, which has been evident since our first meeting and this strategic partnership aligns with Titan Asset Management's growth ambitions. We look forward to working closely alongside Derek, Todd and the team at LEBC/Aspira, supporting them on their journey.”

Derek Miles, chief executive of LEBC/Aspira, said the strategic partnership will, “enhance the investment solutions we can offer our clients.”

Todd Rowlands, group director of distribution at LEBC/Aspira, said: “We have an aligned vision of an innovative and integrated approach to asset management and this partnership is part of our journey to further enhance and improve our client proposition.”

He added the firm would share more about, “some exciting opportunities which we are working closely together to develop” in the future.

Titan Asset Management has been managing investments since 2014.

Titan Wealth Holdings is a discretionary fund management and wealth and asset management business with assets under management of more than £8bn and more than 250 staff worldwide.

LEBC and Aspira are national financial advice, pensions and employee benefits consultancy firms headquartered in Temple Quay, Bristol.