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

Clients regret not working with an adviser sooner

Clients regret not working with an adviser sooner

Around 46% started using an adviser when they were 40 or older

Isabel Baxter
clock 30 April 2024 • 2 min read
St James's Place client funds reach £179bn due to investment returns

St James's Place client funds reach £179bn due to investment returns

Client funds reach record £179bn in first quarter of the year

Sahar Nazir
clock 30 April 2024 • 1 min read
April 2024: Month in review with senior reporter Isabel Baxter

April 2024: Month in review with senior reporter Isabel Baxter

Take a look at some of the news and feature highlights of the last month

Isabel Baxter
clock 30 April 2024 • 4 min read