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Feb

Markland Hill Wealth purchases Liverpool IFA

Markland Hill Wealth, a Bolton financial adviser, has acquired Smith Law & Shepherds IFA, based in Liverpool. 

Under the terms of the deal, SLS will rebrand as Markland Hill Wealth. Financial details have not been disclosed. 

The combined business has assets of over £250m under management, with bases in Liverpool, Bolton, Lancaster and Watford and a team of 22 IFAs, Mortgage and Protection Advisers.

A new Executive team of Dan Clough and Tom Smith from SLS, and Barrie and David Dawson from Markland Hill Wealth will head up the business.

Mr Smith from SLS said: “Coming together with a Manchester area firm expands our coverage in the North West and we have so much in common with Markland Hill Wealth which makes this an excellent fit.”

Markland Hill Wealth is also a partner of Regionally. Co-founder of Regionally, Justin Urquhart-Stewart said: “Professional financial planning and advice is probably the most valuable service that we all should benefit from.

“Markland Hill Wealth is one of the country’s leading providers of such services in the UK and provides a great example for others to learn from.”

He added: “Their further growth is a testament for the strength and capability of this valuable and dynamic business. The quality of their business is proven by their success in providing such a valuable example of innovative services for the benefit of their clients, their industry and their local economy.

Chairman of the board, David Atherton, said: “This is an exciting time for Markland Hill Wealth, its clients and staff alike. In these uncertain times, the need for independent regulated financial advice has never been more important.

“Natural economies of scale will release further funds and we intend to use these for further growth and ever improving client attention.”

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