Wren Sterling has completed its fifth acquisition since its inception in 2015, acquiring Woking-based IFA Frobisher Capital.
The acquisition was made for an undisclosed price and will add around £68m to Wren Sterling's assets under advice. Frobisher adviser Murray Peterman will be joining the Wren Sterling and continue as an IFA.
Frobisher director John Westlake will retire following a short handover period.
Wren Sterling has offices in Glasgow, Grantham, Halifax, London, Nottingham, Warwick and Weybridge.
Wren Sterling CEO Ian Halley said he was delighted to welcome the new client bank to the firm, adding: "John deserves his retirement after many years of guiding clients through the biggest financial decisions they will make, and I know that our service will provide continuity and expertise for them and their families."
Halley said the acquisition fits with the firm's strategy of growing the business organically "whilst augmenting this approach with the purchase of businesses with high quality assets".
Plan for growth
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Corporate Chartered status
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