Clifton Asset Management has purchased Plan for Life Wealth Management in the firm’s first step in its plan of building a network of small financial adviser firms across the UK.
Clifton AM will provide Plan for Life with new support, advice and systems, while Plan for Life will maintain their brand.
Clifton AM dubbed the acquisition as a “blueprint for the future” in its plans for expansion in targeted regions around the UK.
Planning director of Clifton AM, Anthony Carty commented: “Plan for Life is a great business that has been running since 2011 in a region not known as a ‘hub’ for financial services.
“We aim to build on the excellent work Plan for Life has delivered thus far, with a package of services to enhance the customer journey still further. These services include our own low-cost investment platform, in-house discretionary fund management model portfolios and highly interactive client portal.”
Russell Beesley of Plan for Life Wealth Management said: “Clifton’s focus on the client journey and use of technology where appropriate means my clients can look forward to developing their financial plans with a safe pair of hands.”
