HFMC Wealth acquires R&S Financial Planning in deal worth £145m

HFMC to welcome new clients with average portfolio size of £1.2m

Hope William-Smith
clock • 2 min read

London and Weybridge-based HFMC Wealth has acquired R&S Financial Planning in a deal designed to bolster its advice offering in the nation’s capital.

The deal - announced today (17 January) after its completion yesterday - will see all client-facing R&S staff move under HFMC Wealth including director Vince Lane. HFMC Wealth said the average client size of £1.2m it will gain from the deal is well-aligned to its proposition as a provider of advice to the high net wealth (HNW). R&S Financial Planning is based in the City of London and advises around 100 families. A total £680,000 of annual recurring revenue from the firm will now pass into the wider HFMC Wealth group as well as assets under advice of around £145m. Lane said the dec...

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 Business

How to successfully (and strategically) navigate PII as a financial adviser

How to successfully (and strategically) navigate PII as a financial adviser

‘Don't be seduced by rock-bottom premiums'

Jonathan Newell
clock 26 June 2025 • 4 min read
How 2025 financial trends are impacting businesses, investors and the profession

How 2025 financial trends are impacting businesses, investors and the profession

'The coming months offer opportunities to reset, refocus and plan smarter'

Grace Burgin
clock 26 June 2025 • 4 min read
The advice business: Andrew Goodwin on innovation and adaptation

The advice business: Andrew Goodwin on innovation and adaptation

‘Financial advice should be available to everyone’

Jenna Brown
clock 24 June 2025 • 5 min read