Wren Sterling buys Leamington Spa-based financial planning firm

Third acquisition in 2022 adds £250m in AUM

Julia Bahr
clock • 2 min read

National IFA Wren Sterling has purchased HB&O Financial services, a Leamington Spa-based financial planning firm serving more than 850 clients, subject to regulatory approval.

The third acquisition of 2022 adds £250M in assets under management (AUM) to Wren Sterling's books and will allow the firm to expand its presence in the region beyond its existing operations in Warwick, through organic growth and future smaller acquisitions in the area, it said. Some 22 employees will join Wren Sterling, including HB&O's five Chartered financial planners, two Chartered paraplanners and one mortgage adviser. HB&O boasts close links with the accountancy firm Harrison Beale & Owen, which will be retained. Wren Sterling chief executive James Twining said: "I'm really e...

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