Advice-led wealth manager Atomos has acquired London-based Equanimity Independent Financial Advisers for an undisclosed sum.
Equanimity has 12 employees and offers advice predominantly to female, high-net-worth clients and business owners across financial planning, wealth management and financial protection.
Atomos will work closely with the IFA firm to focus initially on enhancing services for clients experiencing significant life changes.
The business will look to increase its offer to people who have not had access to financial advice in line with the FCA’s focus on improving outcomes for under-served or vulnerable customers.
Chris Kraft, chief commercial officer at Atomos, said: “This is a key strategic acquisition for Atomos and will allow us to leverage Equanimity’s expertise in specialist advice and roll it out nationally across our regional offices. In this way, we’ll be able to support more of our clients through specific life events and challenges.”
This comes almost a year after Atomos confirmed to International Adviser that it was in the final negotiation stage with eight financial advice businesses.