Finance

Howden agrees to acquire Thomond Asset Management in Ireland

Deal brings nine professionals to Howden’s advisory team, which now exceeds 80 staff across the country, subject to Central Bank approval.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: Yahoo Finance · original
Howden acquires Irish practice Thomond Asset Management
Financial advisory group expands Irish footprint with Limerick-based practice

Howden has agreed to acquire Thomond Asset Management, a financial advisory firm based in Limerick City, Ireland. The transaction involves the transfer of Thomond’s nine-person team to Howden and is subject to regulatory approval from the Central Bank of Ireland. Financial terms of the acquisition were not disclosed.

Thomond Asset Management, the trading name of Folk Asset Management, was founded by Tom Fitzgerald, Neal Kelly, and David O’Neill. The firm advises individuals and business owners on financial planning, pensions, investments, and estate planning. The co-founders described the move as Howden’s first financial advisory acquisition in Limerick City, noting that the partnership provides clients with greater resources and broader expertise while maintaining personal service.

Howden stated the acquisition supports its ongoing expansion in Ireland and strengthens its existing client offering. The company expects the deal to add further scale and technical expertise to its operations. Dermot Gaskin, managing director of Howden Financial Advisory, said Thomond’s focus on long-term client relationships mirrors Howden’s commitment to putting clients at the centre of its advice.

The acquisition follows Howden’s earlier additions of Maven Financial Planning in April 2026 and Opes Wealth Trust in May 2026. Howden’s financial advisory team was launched last year and is led by Gaskin. It now comprises more than 80 professionals supporting the financial planning and advisory needs of clients across Ireland.

The original report was created and published by Life Insurance International, a GlobalData owned brand. The transaction remains pending final approval from the Central Bank of Ireland.

Continue reading

More from Finance

Read next: Bank of America forecasts US dollar strength on geopolitical risk and AI capital flows
Read next: Global equities slump as semiconductor rout deepens and Middle East tensions spike oil prices
Read next: Travelers Reports Record Q2 2026 Earnings Amid Underwriting Discipline