Independent Financial Planning and Wealth Management firm Gale and Phillipson have completed a further acquisition as part of their expansion plan to widen their distribution channels in England.
The firm aims to increase its Funds under Management through acquisition and organic growth from £1.2billion to £2 billion within 5 years, and has now acquired Gyr Financial Consulting, based in Swanley, Kent. This acquisition increases the reach of the company in London and the South of England to four branches and 21 Financial Planners.
Gunner & Co. worked with Gale & Phillipson in 2018 when they bought Indigo Financial Planners, strengthening thir position in Kent.
Robert Rackliffe, Director of Gyr Financial Consulting said, “We are delighted to become part of Gale and Phillipson as this move provides valuable long-term security for our clients, advisers and support staff. Andrea and I wanted to find a firm that shared our high standards of advice and service for Gyr’s fantastic clients – many of whom have been with us for over 20 years. We recognised that now was the right time to become a part of a larger, well-run professional financial planning and wealth management firm, and after two years of working alongside Gale and Phillipson, we know that we have made an excellent decision. We look forward to a long and successful future – both for our staff and loyal clients!”
Andrea Purdie, Director of Gyr Financial Consulting added: “We’re very happy that Gyr have become part of the Gale and Phillipson group. They are a vibrant and growing company, with a clear focus on providing customers with a professional financial planning and investment service whilst reducing costs, which is good news for our clients.
“A great deal of consideration has gone into the decision, but we are very happy with the outcome and are sure this will be a long and mutually beneficial union.”
David Carr, Chief Executive, Gale and Phillipson said, “We’re delighted to add Gyr to the Gale and Phillipson group. The impressive experience and skills of the Gyr Directors and Advisers are a great match for our unique service offering. Joining us will allow Gyr to focus on what they do so well – managing client relationships. They can do this confidently, knowing that the excellent Gyr team are supported further by a wider technical and regulatory support team. Also, by adding Gyr to the Gale and Phillipson group, it gives us further combined strength and ability to reach clients in London and the South East.”
Gale and Phillipson is a whole-of-market financial planning and investment management firm, offering services to personal, corporate and trustee clients throughout England. Their holistic approach is designed to meet both simple and complex client needs and react to situations as they develop whilst creating and protecting client wealth.
Phil Morris, Gale and Phillipson Director of Distribution, added: “We have a long history of helping our clients create and protect their wealth, and we’re committed to finding innovative solutions to their financial planning needs. The Gale and Phillipson story dates back to 1905, but our most exciting days are ahead of us. We’re keen to add further advisers/advice firms to the group, particularly those with significant experience in any of our key services.”
If you’d like to understand more about selling your business to Gale & Phillipson contact gwill.evans@gunnerandco.com