Skerritts Wealth acquires Finch's Financial client bank

clock

Skerritts Wealth Management has agreed a deal to acquire the assets of the client bank of Sussex-based IFA firm Finch's Financial.

The acquisition is the eighth in seven years for Skerritts, who have offices in Brighton and London, and will boost the group's assets under management from £305m to £320m. "The client bank of Finch's is a perfect fit for the discretionary model that Skerritts Wealth Management operates," said Skerritts managing director Richard Skerritt. Finch's founder and principal Barry Finch will work with Skerritts to oversee the client migration process and will then take retirement.  

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read