Established in 2005 by founding partners David Rea and Sam Curry, Belfast-based Square Seven provides independent advice in Northern Ireland to private, corporate, trusty and pension clients.
Both Rea and Curry will join Davy’s existing Belfast-based private client team upon completion of the acquisition.
Davy chief executive Tony Garry said: “In Square Seven Davy is very pleased to have the opportunity to acquire a high quality business, with an accompanying team of experienced financial advisors. We look forward to welcoming Square Seven clients and team to Davy Northern Ireland, and to building on the good relationships that have been established through the years.”
Garry added Davy had invested £33m (€40m) in its operational infrastructure over recent years and added more than 100 staff to its UK and Ireland offices.