Oval has acquired a Shropshire-based high net worth adviser business to bolster its offering in the financial advice market.
The firm, which also offers insurance broking services, bought Wills & Partners for an undisclosed sum. Based in Market Drayton, Wills & Partners specialises in investment advice for wealthy individuals. Oval says it plans to separate is advice and capital management businesses during 2009, with Peter Osbourne, a director at Wills & Partners, heading up the launch of a discretionary management service this year. Commenting on the acquisition, Osbourne says: "Although we began our talks prior to the current economic situation fully taking hold, we are very pleased that Oval shares Will...
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