Wealth manager Atomos has acquired advice firms Shore Financial Planning and Define Wealth for undisclosed sums.
Based in Plymouth, Shore Financial Planning was founded by Jon and Alison Treharne. The deal expands Atomos’ presence in the Devon and Cornwall areas.
Jon Treharne, managing director at Shore Financial Planning, said: “Our business has been built on long-term relationships of trust, and Atomos shares this ethos.
“We are excited to join a firm with a strong South of England group of offices which is also a modern and progressive business, which matches our values.”
Meanwhile, Define Wealth is based in Reigate, Surrey, set up by Simon Wood-Woolley. Atomos said it expects the two businesses to be integrated by the end of Q1 2024.
With 15 offices throughout the UK, the acquisition will align with its growth strategy to expand its geographical footprint.
Wood-Woolley said: “With Define joining Atomos, we feel we are now part of a larger organisation with even greater resources and a shared ethos, while retaining the client-focused approach which stays true to who we are at the heart of the business.
“We think this will bring many benefits to our clients and allow us to grow and secure our business for the future.”
Atomos chief commercial officer Christopher Kraft commented: “We are delighted to welcome the highly experienced teams at Shore Financial Planning and Define Wealth into the Atomos fold.
“We see strong alignment in our philosophies and ways of working which make the businesses a good fit. This is an exciting time for Atomos as we scale up and grow.”
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