Financial Planner and wealth manager Saltus has acquired £400m AUM Herts-based Financial Planning firm Delta Financial Management.

Founded in 1980, Delta advises more than 500 clients with a focus on business owners, media and entertainment industry clients and airline professionals.

Delta expects to integrate into Saltus within 12 months with all nine staff members remaining in place, with directors Jarrod Ellis and Amin Malik becoming partners at Saltus.

The acquisition represents the next step in Saltus’ long-term strategy of expanding its financial planning capabilities through the integration of “high-quality, client-centric businesses”.The addition of Delta further strengthens Saltus’ presence in the regions Delta serves and enhances its overall advisory proposition.

Michael Stimpson, growth partner at Saltus, said: “Delta is a high-calibre business with a strong advice-led culture, excellent financials and a clear commitment to delivering long-term value to clients. This acquisition is a natural fit for Saltus and aligns with our ambition to grow by partnering with firms who share our values and focus on client outcomes. We are delighted to welcome the team to Saltus.”

Amin Malik, director at Delta Financial Management, said: “We are proud to have built a business rooted in integrity, technical excellence and genuine care for our clients. Saltus shares that philosophy and brings additional scale, capability and investments in technology that existing and future clients will certainly benefit from. We’re excited about what we can achieve together in the years ahead.”

Jarrod Ellis, co-director at Delta, added that the partnership will help take the business to “another level” in terms of its client offering and spend more time with its clients.

 

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