South West adviser Old Mill acquires Brook Financial

'Integration of digital services'

Julia Bahr
clock • 3 min read

Financial planning and accountancy firm Old Mill has bought Ilminster-based financial outsourcing firm Brook Financial.

Old Mill said the deal was the first of a number of carefully chosen acquisitions that will support the firm as it targets 15% annual growth for the next five years, and aims to double the size of the business by 2026. At the end of 2021, the company added 16 new starters, and another 10 joined in March 2022, bringing the total to 26 in the last eight months. While Old Mill, which has offices in Chippenham, Exeter, Wells and Yeovil, is recruiting right across the business with the aim of doubling staff numbers to 600, its latest deal means it is looking to recruit specifically to supp...

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 Companies

Succession Wealth told to pay compensation over incorrect advice after pension IHT proposals

Succession Wealth told to pay compensation over incorrect advice after pension IHT proposals

FOS decision notice stated advice caused client ‘distress’ and ‘upset’

Isabel Baxter
clock 11 May 2026 • 4 min read
M&G's PruFund posts £100m net outflows in Q1

M&G's PruFund posts £100m net outflows in Q1

Gears up for third-party adviser platforms launch

Isabel Baxter
clock 07 May 2026 • 3 min read
Corbel Partners makes 18th acquisition and rolls out tech platform phase two

Corbel Partners makes 18th acquisition and rolls out tech platform phase two

Five more deals in the pipeline for 2026

Isabel Baxter
clock 07 May 2026 • 2 min read