Hertford-based GPFM Financial Planners has acquired Norfolk-based Quay Financial Planning for an undisclosed sum.
The acquisition adds £40m ($48.3m, €45.8m) to GPFM’s assets under management, bringing the total to £400m.
The firm, which started in 2001, has 750 clients and a team of 12.
To read more this topic, visit: Wealth manager takes acquisition total for the year to 19 with latest deal
Quay Financial Planning principal, Katie Hately said that GPFM is the “perfect partner” for Quay, due to their shared values.
Scott Atkinson managing director of GPFM, commented: “We have always been looking to expand our operation. Katie is a fantastic addition to our team of advisers and will help to enhance our proposition.”
He added: “Our main aim is for clients to live their best life and let us worry about the financial stuff.”
