RMS Financial and Calton Wealth, both Edinburgh-based advisers, have merged, with the new company to operate under the Calton Wealth Management brand.
The merger comes after Calton announced its intention to grow rapidly through strategic acquisitions this year.
As part of the terms of the deal, RMS Financial’s managing director Richard Murray will join Calton as financial planning director, bringing 25 years of experience in wealth management to the table.
Calton founder and CEO Tom Ham said: “Having an individual of Richard’s calibre join the firm is a real vote of confidence in what we’re building here at Calton.
“His collaborative approach to helping clients achieve their financial goals fits squarely with our ethos and his expertise will be an asset to the business as we go forward together.”
Mr Murray commented: “Tom and I have a true meeting of minds around shared values, putting clients’ needs at the forefront of the business and building the business around these needs.
“We work in a field that builds its success on relationships, both internally with each other, and externally with clients and other professionals.
“The team at Calton have made me very welcome and could not have helped more in making the transition as painless as possible. My clients and professional connections have welcomed the extra support and breadth of expertise that the team at Calton brings to my practice.”
To discuss the market for potential acquisitions, speak with our Head of Brokerage Gwill Evans and click here.
Gunner & Co. specialise in IFA sales, IFA business sales, retiring IFAs and IFA client bank sales