Paradigm Norton expects to make further acquisitions in the coming months after buying one financial planning business and taking a majority stake in another.
The Bristol-based firm has acquired David Jones Financial Planning, based in Torquay, and taken a majority stake in Hooper & Wollen Financial Planning, also in Torquay.
Paradigm Norton, founded in 2001, now employs a team of 32, and CEO Barry Horner says more acquisitions are planned.
"We are thrilled to be acquiring these businesses as both share our commitment to delivering excellence in client care," he says.
"We expect further acquisitions to follow in the coming months and years when the opportunities arise to purchase similar, high quality fee-based financial planning businesses."
David Jones, managing director of David Jones Financial Planning, says: "I am delighted that we have joined forces with Paradigm Norton, a firm we have admired for some while.
"We believe that this merger is great news for our clients as they now have access to the range of additional resources and expertise provided by a larger team which has an excellent track record in delivering technically accurate and innovative financial planning solutions."
Chris Hart, managing partner at Hooper & Wollen Solicitors, adds: "The Hooper & Wollen partners are delighted with their new association with Paradigm Norton and the additional areas of financial planning expertise that can now be offered to Hooper & Wollen clients."
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