Glasgow adviser buys Pru spin-off in 'first of a number of acquisitions'

Boosts presence for middle wealth clients

clock • 2 min read

Glasgow advice and wealth management firm Gilliand Nelson Brown’s (GNB) recent acquisition of a Prudential spin-off could be the first of many purchases, its founding director revealed.

GNB's Richard Gilliand, who established the Chartered financial planning and wealth manager 18 years ago, said its purchase of Bishopsbriggs-based Prudent Financial Management aligned with the firm's growth strategy.   "We're quite ambitious and we want to grow the business and as part of that growth, we have been looking around to acquire another IFA or Chartered financial planning business," he said. Gilliand said after an extensive search GNB found Prudent, founded by former Prudential executives George Bryce, James Wilson and Stephen Brady 20 years ago, to fit their criteria. "...

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

Most of our industry has forgotten what advisers actually do

Most of our industry has forgotten what advisers actually do

‘Providers have a responsibility to better support advice firms’

Mark Sanderson
clock 16 March 2026 • 3 min read
Government unveils changes to FOS operations after landmark review

Government unveils changes to FOS operations after landmark review

New ten-year limit for bringing complaints

Isabel Baxter
clock 16 March 2026 • 5 min read
Feel Good Friday: Wise Investment employee takes on the Great Wall of China for charity

Feel Good Friday: Wise Investment employee takes on the Great Wall of China for charity

Raising funds for Katherine House Hospice

Professional Adviser
clock 13 March 2026 • 1 min read