Troubled wealth manager WH Ireland has entered talks for an all-share merger with fellow wealth manager Team.

Gary Stran, a non-executive director at troubled wealth manager and Financial Planner WH Ireland, has quit the company today (5 November), two months ahead of his planned departure. The company’s chair Simon Moore may also depart early.

Troubled wealth manager and Financial Planner WH Ireland has appointed Lumin Wealth Management joint managing director John Cusins as a non-executive director with immediate effect.

The precipitous decline of wealth manager and Financial Planner WH Ireland has been like watching a car crash unfolding before your eyes.

Two non-executive directors of troubled WH Ireland, including chair Simon Moore, have quit today after shareholders voted to reject a plan to sell the firms’s wealth arm for £1m.

The £1m sale of WH Ireland’s wealth management division to Oberon Investments looks likely to collapse, according to a recent update from the London-based firm.

Troubled wealth manager and Financial Planner WH Ireland has moved a step closer to winding up after reporting a pre-tax loss of £1.9m in its latest full year results, following a loss of £2.5m the previous year.

Troubled wealth manager WH Ireland has sold its loss-making £1bn wealth management business to Oberon Investments for £1m in cash and says it will begin winding down the business.

Troubled wealth manager WH Ireland has sold its Henley Financial Planning team to Verso Wealth Management for up to £500,000 and will close its Henley office.

Troubled wealth manager WH Ireland has trimmed losses as it tries to turn around the business, according to interim results out today.