Building Society-owned Newcastle Financial Advisers acquires Openwork firm

The acquisition of Fidelis is part of the firm's growth strategy and part of a wider commitment from the firm's parent company, Newcastle Building Society, to make financial advice accessible on the high street. It has brought £14m assets under management to the firm along with two financial advisers. Newcastle Financial Advisers was established by Newcastle Building Society more than 16 years ago and has 25 qualified financial advisers located across its branch network. Fidelis, meanwhile, was founded by the firm's director Andy Sharp and has served a North Yorkshire customer base of...