Global insurance and reinsurance broking group Howden expands its footprint in Ireland with the acquisition of Thomond Asset Management, the trading name of Folk Asset Management Limited, a financial advisory business headquartered in Limerick.
Founded by Tom Fitzgerald, Neal Kelly and David O’Neill, Thomond Asset Management offers expert advice on financial planning for individuals and business owners, pensions (pre- and post-retirement), investments and estate planning.
Following the acquisition, which is subject to CBI regulatory approval, Thomond’s nine-member team of experienced professionals will join Howden, helping drove the company’s continued Financial Advisory growth across Ireland.
Dermot Gaskin, Managing Director of Financial Advisory, Howden, said: “Thomond Asset Management has built a strong wealth management business in Limerick City, with values that closely align to our own. Thomond’s focus on long-term client relationships, built on trust and openness, mirrors our commitment to putting clients at the centre of everything we do.
“This acquisition will offer their clients an even wider range of services, while ensuring they continue to access expert advice close to where they are based. I’m delighted to welcome Tom, Neal, David and the wider team to Howden.”
Co-founders of Thomond Asset Management commented: “We’re excited to join Howden as its first Financial Advisory acquisition in Limerick City. This partnership means our clients will benefit from greater resources and broader expertise, but with the same personal service they value today. We look forward to continuing to support our clients across all aspects of their financial planning and insurance needs.”
This acquisition builds on Howden’s growing Financial Advisory capabilities, following the additions of Maven Financial Planning in April 2026 and Opes Wealth Trust in May 2026.
Launched last year and led by Dermot Gaskin, the team now includes over 80 professionals supporting financial planning and advice needs of a large volume of clients across Ireland.
