Actuary buys IFA to boost financial planning arm

Laura Miller
clock

Actuary Punter Southall group has bought employee benefit and private client financial planning firm Blacktower Financial Advisers.

The transaction with the Surrey-based IFA sees the actuarial firm's private clients rise by nearly 20% to almost 5,000. Punter Southall Financial Management managing director John Hamilton-Hunt said: "Both companies share the same professional, personal approach which seeks to foster long-term client relationships and positive outcomes. "Add to this the fresh thinking and innovation from our investment teams across the group and we can better serve the objectives and expectations of our clients." Blacktower's managing director, Chris Bruce, said: "This is an exciting development fo...

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 Your profession

'Underperforming' sector does more damage to women over time

'Underperforming' sector does more damage to women over time

Y Tree executive director Eliana Sydes speaks to PA

Sophia Panayi
clock 29 July 2026 • 2 min read
From the annual review to the 'always on' adviser/client relationship

From the annual review to the 'always on' adviser/client relationship

'Regular reviews will still play an important role, but clients' lives do not follow a servicing calendar'

Tessa Lee
clock 28 July 2026 • 4 min read
Number of British millionaires drops to lowest level since 2008

Number of British millionaires drops to lowest level since 2008

Estimated number of 442,000

Sophia Panayi
clock 28 July 2026 • 3 min read