Edinburgh-based financial planning firm Calton Wealth Management (Calton) has made its first completed acquisition.
Calton has bought Morrison Personalised Wealth Management (MPWM).
Founder and managing director of MPWM Ian Morrison will join Calton as an employed adviser from 1 November. Ian founded MWPM in 2016 after building his career at Prudential Financial Planning. Ian is a Chartered Fellow of both the CII (Centre for Institutional Investors) and The Chartered Institute for Securities & Investment (The CISI) He is a Pension Exam Assessor for the CISI and will be working closely with Calton’s paraplanners as they navigate qualification pathways and personal development.
Ian says “I am thrilled to be joining forces with Calton. My work is guided by the ethos of providing the highest quality, professional and personal service to clients for a reasonable fee. With the regulatory world-changing, there is more pressure on smaller firms to join vertically integrated firms and then become a salesperson for the bigger firm’s products. By contrast, I’m confident that by joining Calton, I will be joining a business that shares my values, one that is independent, client-centric and focused on the highest quality advice and services. I look forward to training and developing staff and advisers within Calton to achieve their professional qualifications and goals.”