HFMC Wealth has acquired Harford Financial Ltd in its fourth deal of 2023, a deal which further strengthens its London office and mortgage team.
The transaction, which completed on 30th November 2023, sees all Harford Financial’s client-facing staff retained. Eli Kosiner continues to oversee his key client relationships and will be Head of Mortgages at HFMC Wealth. The support team will be strengthened further with Anson Doneganalso joining the team.
With years of experience in the mortgage industry and a deep understanding of the UK’s financial landscape, the combination is expected to help many more individuals and high-net-worth clients secure the right mortgage finance to acquire their dream home or investment property. For HFMC Wealth’s clients, Eli Kosiner’s experience extends the existing circle of services available to its clients of wealth planning, investments, tax compliance and mortgages, by bringing additional capability in bridging loans, commercial finance and development loans.
Harford Financial clients will benefit from being able to access the broader services of the parent group and take comfort from HFMC Wealth being accredited with Corporate Chartered Financial Planning status.
Commenting on the transaction, Harford Financial owner and director, Eli Kosiner said:
“I am delighted to be able to join a firm of HFMC’s calibre. It is rare to find a firm that is so focussed on providing the highest levels of service excellence to its clients and I am excited because of that. My clients will be able to benefit from access to a widerrange of services and I am certain that I will be able to provide an unparalleled level of support to HFMC and its advisers. The future is very bright.”
“I wanted to have complete confidence that our clients would continue to receive high-quality ongoing advice and service for as long as they need it. The additional support that I will receive from the established mortgage team at HFMC will allow me to support even more HFMC and Harford clients. I am confident that I am joining the UK’s premier home for entrepreneurial, independent chartered High Net Worth advisers”
Ross Ibbotson, Executive Director at HFMC Wealth,added: “We are thrilled to announce the acquisition of Harford Financial. 2023 has been a strong story for us in terms of acquisitions having previously acquired 2 Chartered wealth planning businesses and the clients of a tax business. This deal providesgreat synergies for clients as we will now be able to provide even more services to them, with capabilities now extending to bridging loans, commercial lending and development finance for HFMC clients, whilst Harford clients gain access to wealth planning and investment management services. All of our discussions with Eli clearly evidenced that he has the interests of his clients at heart.
“We will now use 2024 to focus on integrating the businesses that have joined us, ensuring the vision of being a home for entrepreneurial, independent chartered high net worth advisers continues to be delivered. We know that Eli has the abilities and drive to make that a reality for the mortgage teamand enhancing the breadth of advice services should be a positive for everyone.”