Quilter Private Client Advisers, part of financial services firm Quilter, has acquired three UK-based financial planning businesses.
It has bought Cheltenham-based Eastgate Financial Management, Surrey-based Holdaway Johnson and Clive C Aitkenhead Financial Consultant, which is based in Blackburn.
The financial terms of the deals were not disclosed.
Clients of Eastgate will be serviced from the Birmingham office of Quilter Private Client Advisers (PCA), while Holdaway Johnson’s clients will become part of the firm’s London office.
The clients of Aitkenhead will now be serviced by Quilter PCA’s Chester office.
David Irving, Clive Aitkenhead and Charles Holdaway, the respective owners of Eastgate, Aitkenhead and Holdaway Johnson will each retire after helping with the transition of the businesses to Quilter PCA.
Dominic Rose, strategy and acquisitions director at Quilter PCA, said: “We are pleased to be able to continue to expand our regional offices with the acquisitions of these three excellent businesses.
“Each one fits well with our business and culture and we look forward to continuing to give David, Clive and Charles’ clients the quality, face-to-face financial planning they are used to.
“Given we now have a proven track record, we are seeing increasing numbers of firms approaching us directly and we expect to complete on further acquisitions before the end of the year.”
These deals bring the number of firms acquired by the national advice business to 11.