Holborn Financial makes second acquisition of April

Holborn Financial, the Wimbledon-based advisor, has acquired Gary Cook, a Maidstone IFA, in its second acquisition of the month. 

Gary Cook, the principal of his self-titled firm, sold up as part of his retirement plan.

“I undertook much research and interviewed a number of would-be buyers of the business which I had built up over the years,” Mr Cook said.

“After much consideration, I agreed terms with Holborn Financial. It is a larger family-based, independent chartered financial planning firm, with greater resources and an existing presence in Maidstone.”

Founder and managing director of Holborn Financial, Emyr Blease, commented: “When the time comes to retire, the overwhelming concern is that the clients are well looked after. We are delighted that that concern was fully addressed and that Gary chose Holborn Financial.”

The deal comes two weeks after Holborn Financial acquired Kingsley Financial Management, based in Whitchurch, in a deal brokered by Gunner and Co. Kingsley founder, Eamon Keeling, was similarly looking to retire.

Mr Blease said: “Our aim is to expand in a measured and cautious way. We are keen to acquire the businesses of IFAs who are planning to retire. 

“Many IFAs started their careers in the corporate world, working for banks, large investment, life and pension firms, before deciding to set up on their own. That is the path I took. I understand how these entrepreneurs, unfettered by corporate life, found the freedom to build businesses based on the highest possible standards of service, leading to lasting relationships with clients.”

If you are looking to sell your business, find out more about the selling you business to Holborn (or others) Gunner & Co. can help you. Book a meeting with our Proposition Director Josh here

Gunner & Co. specialise in IFA sales, IFA business sales, retiring IFAs and IFA client bank sales