Latest news with #MWM
Irish Examiner
14 hours ago
- Business
- Irish Examiner
MyWealthManagement to complete four acquisitions in 2025
Mortgage broker and financial advisor MyWealthManagement Group is targeting a workforce of 300 employees across the country by 2030 through acquisitions and a recruitment drive. The Cork firm, part of MyCapital Investment Holdings Ltd, plans to expand its workforce from the current 24 to 80 by the end of this year, primarily through strategic mergers and acquisitions. In recent months, MWM Group has completed the acquisition of Axiom Private Clients, founded by Thomas Roche, the newly appointed MWM Director of Private Equity. Mark Ryan, former Head of Wealth in Mercer, has also taken up a senior leadership role within the MWM team together with Stephen O'Driscoll, formerly of Bank of Ireland and Joey Sheahan, founder of and author of The Mortgage Coach. Former EY regional Managing Partner John Higgins is Chair and Independent Non-Executive Director of the Group. Currently, the company operates from three offices in Dublin and Cork. "We are poised to expand significantly in the coming months and years, creating a multitude of opportunities in key areas of wealth management, financial planning, and mortgage brokerage," Joey Sheahan said. "Building a strong team is similar to building a strong sports team. We are bringing competent people with different skill sets into the company. Like a prop forward in rugby can push a scrum back and an out-half can kick the ball. Two very different skills which complement each other. 'We have four further acquisitions we expect to complete in 2025, at which point we will have 80 staff, six offices in four counties, serving over 30,000 customers across Ireland.' The company has committed €10m towards its 2025 acquisitions strategy having identified a growing need among long-established, traditional brokerages, many of which are struggling with the administrative, compliance, and marketing burdens of the business. By offering a unique opportunity to merge, the company is positioning itself as a solution for those looking to step back from day-to-day operations and focus on client-facing work/retirement. Mark Ryan, Director of Post-Retirement said: "We understand that many brokers face increasing challenges in today's evolving financial landscape, and we want to be a partner that makes their transition easier."
RTÉ News
18 hours ago
- Business
- RTÉ News
MyWealthManagement Group announces expansion plans
MyWealthManagement Group has unveiled expansion plans aimed at increasing its workforce and scaling its operations over the next five years. The weath and management mortgage brokerage firm, which is part of MyCapital Investment Holdings Ltd, will expand its team from its current 24 staff members to 80 by the end of 2025, primarily through strategic mergers and acquisitions. The company is targeting a workforce of 300 employees across the country by 2030, demonstrating its commitment to both national expansion and the continued growth of its services. In recent months MWM Group has completed the acquisition of Axiom Private Clients Ltd, founded by Certified Financial Planner (CFP) Thomas Roche, the newly appointed MWM Director of Private Equity. Mark Ryan, CFP and former Head of Wealth in Mercer has also taken up a senior leadership role within the MWM team together with Stephen O'Driscoll, formerly of Bank of Ireland and Joey Sheahan, founder of and author of The Mortgage Coach. Former EY regional Managing Partner John Higgins is Chair and Independent Non-Executive Director of the Group. Joey Sheahan, Head of Acquisitions at MyWealthManagement Group said the firm is entering an exciting phase of our business. "We are poised to expand significantly in the coming months and years, creating a multitude of opportunities in key areas of wealth management, financial planning, and mortgage brokerage." "Building a strong team is similar to building a strong sports team. We are bringing competent people with different skill sets into the company. Like a prop forward in rugby can push a scrum back and an out-half can kick the ball. Two very different skills which complement each other." Currently, the company operates from three offices in Dublin and Cork. "We have 4 further acquisitions we expect to complete in 2025, at which point we will have 80 staff, 6 offices in 4 counties, serving over 30,000 customers across Ireland," Mr Sheahan said. The recruitment drive aims to attract experienced professionals across these sectors, as well as brokerages seeking an exit strategy. The company has committed €10 million towards its 2025 acquisitions strategy having identified a growing need among long-established, traditional brokerages, many of which are struggling with the administrative, compliance, and marketing burdens of the business.
Scoop
15-05-2025
- Business
- Scoop
Plans For $2.5 Million Inner-City Development In Hastings For Vibrant Living
Article – Linda Hall – Local Democracy Reporter The project follows a four-year search by the council for the right development inner-city living is on the cards for Hastings with a Queen St West site earmarked for a $2.5 million development. The Hastings District Council-owned site has been partially sold to Mike Walker Management (MWM) and plans include city housing, commercial spaces and a public car park. Hastings Mayor Sandra Hazlehurst said the project brought the community's vision for a more vibrant, connected city centre one step closer. 'It's also a positive step towards delivering on our commitment to enable more inner city living, supported by a variation to the proposed district plan in 2019 to allow residential activity in the upper floors of city centre buildings,' Hazlehurst said. MWM director Mike Walker said the development of the former Farmers' Co-operative garage building was a unique opportunity to blend heritage and modern living in a way that brings long-term value to the community. 'Hastings has a strong identity and rich history, and we're proud to be part of a project that reflects that,' he said. 'Our approach is to retain and celebrate what's already here while delivering spaces where people want to live, work and connect. 'We believe this redevelopment will be a catalyst for even more investment and vibrancy in the city centre.' Plans include strengthening and reusing the facade of the Farmers' Co-operative heritage building, terraced townhouses, new commercial tenancies and office space, and a public park and laneway connecting Queen St West to Heretaunga St West. The project follows a four-year search by the council for the right development partner. Demolition of the existing buildings is scheduled to begin in August 2025. Stage one will focus on delivering a new public green space, and pedestrian laneways, and strengthening the heritage facade. The next stage will see the development of commercial accommodation and then townhouses potentially beginning to be built as early as 2026. An application is under way to amend the existing resource consent, originally granted in May 2023 for a three-storey, mixed-use development comprising 20 apartments. The revised consent will allow for the development of terraced townhouses. The council will retain ownership of the public park and laneways while divesting the land for commercial and residential use at market value. It says the net cost of the project remains within the budget allocated in the Long-Term Plan 2024-34.
Scoop
15-05-2025
- Business
- Scoop
Plans For $2.5 Million Inner-City Development In Hastings For Vibrant Living
More inner-city living is on the cards for Hastings with a Queen St West site earmarked for a $2.5 million development. The Hastings District Council-owned site has been partially sold to Mike Walker Management (MWM) and plans include city housing, commercial spaces and a public car park. Hastings Mayor Sandra Hazlehurst said the project brought the community's vision for a more vibrant, connected city centre one step closer. "It's also a positive step towards delivering on our commitment to enable more inner city living, supported by a variation to the proposed district plan in 2019 to allow residential activity in the upper floors of city centre buildings," Hazlehurst said. MWM director Mike Walker said the development of the former Farmers' Co-operative garage building was a unique opportunity to blend heritage and modern living in a way that brings long-term value to the community. "Hastings has a strong identity and rich history, and we're proud to be part of a project that reflects that," he said. "Our approach is to retain and celebrate what's already here while delivering spaces where people want to live, work and connect. "We believe this redevelopment will be a catalyst for even more investment and vibrancy in the city centre." Plans include strengthening and reusing the facade of the Farmers' Co-operative heritage building, terraced townhouses, new commercial tenancies and office space, and a public park and laneway connecting Queen St West to Heretaunga St West. The project follows a four-year search by the council for the right development partner. Demolition of the existing buildings is scheduled to begin in August 2025. Stage one will focus on delivering a new public green space, and pedestrian laneways, and strengthening the heritage facade. The next stage will see the development of commercial accommodation and then townhouses potentially beginning to be built as early as 2026. An application is under way to amend the existing resource consent, originally granted in May 2023 for a three-storey, mixed-use development comprising 20 apartments. The revised consent will allow for the development of terraced townhouses. The council will retain ownership of the public park and laneways while divesting the land for commercial and residential use at market value. It says the net cost of the project remains within the budget allocated in the Long-Term Plan 2024-34.
Scoop
14-05-2025
- Business
- Scoop
Hastings: Plans For $2.5m Inner-City Development For Vibrant Living
Article – Linda Hall – Local Democracy Reporter Hastings Mayor Sandra Hazlehurst says the project brings the communitys vision for a more vibrant, connected city centre one step closer. More inner-city living is on the cards for Hastings with a Queen St West site earmarked for a $2.5 million development. The Hastings District Council-owned site has been partially sold to Mike Walker Management (MWM) and plans include city housing, commercial spaces and a public car park. Hastings Mayor Sandra Hazlehurst says the project brings the community's vision for a more vibrant, connected city centre one step closer. 'It's also a positive step towards delivering on our commitment to enable more inner city living, supported by a variation to the proposed district plan in 2019 to allow residential activity in the upper floors of city centre buildings,' Hazlehurst said. MWM director Mike Walker said the development of the former Farmers' Co-operative garage building was a unique opportunity to blend heritage and modern living in a way that brings long-term value to the community. 'Hastings has a strong identity and rich history, and we're proud to be part of a project that reflects that,' he said. 'Our approach is to retain and celebrate what's already here while delivering spaces where people want to live, work and connect. We believe this redevelopment will be a catalyst for even more investment and vibrancy in the city centre.' Plans include strengthening and reusing the facade of the Farmers' Co-operative heritage building, terraced townhouses, new commercial tenancies and office space, and a public park and laneway connecting Queen St West to Heretaunga St West. The project follows a four-year search by the council for the right development partner. Demolition of the existing buildings is scheduled to begin in August 2025. Stage one will focus on delivering a new public green space, and pedestrian laneways, and strengthening the heritage facade. The next stage will see the development of commercial accommodation and then townhouses potentially beginning to be built as early as 2026. An application is under way to amend the existing resource consent, originally granted in May 2023 for a three-storey, mixed-use development comprising 20 apartments. The revised consent will allow for the development of terraced townhouses. The council will retain ownership of the public park and laneways while divesting the land for commercial and residential use at market value. It says the net cost of the project remains within the budget allocated in the Long-Term Plan 2024-34.
