Saltus Group has acquired London-based Higgins Fairbairn Advisory LLP in a deal that will bring Saltus’ assets to £2.3bn.
The purchase of Higgins Fairbairn, an independent chartered accountants and financial planner, will increase Saltus’ presence in London.
Higgins Fairbairn’s advisers and support staff will stay on, while Gianpaolo Mantini, the chief executive, will become a partner at Saltus.
Managing partner at Saltus, Jon Macintosh, said that Mr Mantini and the Higgins Fairbairn staff and values were a “great fit”.
He continued: “Not only do they share our goal-based approach to financial planning – placing the client at the heart of everything they do – but their well-established presence will really complement our financial planning services offering, enabling us to reach far more clients across the UK.”
Mr Mantini commented: “From our early discussions with Saltus, it was clear that a merger with them would provide a great fit for our business and our clients.
“We have always embraced technological change, however, to get more out of technology and to deliver a ‘state of the art’ financial advice proposition to our clients we needed greater flexibility and responsiveness. So we are delighted to have become part of the Saltus Group.”
The deal comes after several acquisitions made by Saltus, including the purchase of NSL Wealth in April, and the acquisition of Fish Financial last September.
To discuss the market for potential acquisitions, speak with our Senior Broker Gwill Evans and click here.
Louise Jeffreys is managing director of Gunner & Co, an IFA broker with values based on strong relationships built on trust, credibility and value.
Gunner & Co. specialise in IFA sales, IFA business sales, retiring IFAs and IFA client bank sales.