The Orchard Practice has acquired Wallis Wealth, expanding its presence in the UK financial planning sector while ensuring continuity for clients following a significant period of transition at the acquired firm.

The acquisition follows the passing of Wallis Wealth director Ben Gascoyne in 2025. As a result, finding a suitable long-term home for clients became a key priority. The Orchard Practice worked closely with former Wallis Wealth director Rebecca Gascoyne and the wider team throughout the process.

The transaction highlights the importance of succession planning and continuity within the financial advice sector, particularly when firms face unexpected leadership changes.

Continuity and client support remain the priority

The Orchard Practice said it worked closely with Wallis Wealth to ensure a smooth transition and ongoing support for clients.  Rebecca Gascoyne said preserving the firm’s values and client-focused approach was central to the decision.

She said: “Following Ben’s passing, it was incredibly important to find a business that shared the same values, integrity and commitment to clients that Wallis Wealth was built upon.

“I am very pleased that The Orchard Practice will continue Ben’s legacy by supporting our clients with the same personal approach and expertise.”  Her comments underline the importance of cultural fit and client continuity when selecting a successor firm.

Building on a long-established advice business

The Orchard Practice was established in Borehamwood almost 30 years ago and is led by financial planners Joshua Gerstler and Ryan Connolly.  Gerstler said: “This acquisition represents another exciting step forward for the business. Most importantly, it allows us to continue strengthening the service, expertise, and long-term support we provide to our clients.”

The acquisition strengthens the firm’s client base while adding further expertise and resources to the business.

The growing importance of succession planning

Across the financial planning sector, succession planning continues to play an increasingly important role. While many transactions are driven by growth objectives, others arise from the need to ensure continuity for clients and staff following changes in ownership or leadership.

Consequently, buyers are placing greater emphasis on cultural alignment, adviser retention, and the ability to deliver a seamless transition.

What this means for business owners

For owners of financial advice firms, the transaction highlights the importance of having a succession plan in place. Unexpected events can create significant challenges for businesses, employees, and clients.

Therefore, early planning can help ensure continuity, preserve business value, and provide greater certainty for all stakeholders. It also allows business owners to identify partners whose values and client service standards closely align with their own.

Book a free consultation with Gunner & Co. to discuss valuation, market conditions, and exit planning.