Wealth management firm Courtiers has acquired Norwich-based Brunswick Investment Management for an undisclosed sum.
The deal adds £105m (€120m, $128m) in client funds to Courtiers as well as taking the number of employees in the group to 140 and the number of offices to seven.
To read more on this topic, visit: UK wealth manager acquisition adds £120m in client funds
Jamie Shepperd, Courtiers chief executive, said: “It’s [Brunswick] full of talented people, Norwich expands our footprint, it’s discretionary planning led, and as a company it has the right ethics in the way it deals with clients.”
This is the firm’s fifth acquisition as it aims to reach £3bn in funds under management by April 2033.
To reach this goal Courtiers is looking to add another £380m in assets through additional acquisitions by April 2027 as Shepperd says it is in early talks with a couple of other firms.