PE-backed Solomon takes majority stake in Kent-based IFA

Signs partnership deal with Beaufort Financial Westerham

Jenna Brown
clock • 1 min read

Solomon Capital Holdings (Solomon), the private equity-backed national advice business, has signed a partnership deal with Kent-based Beaufort Financial Westerham.

The deal sees Solomon take a minority stake in the firm which has seven advisers on its staff. It added the deal was the first in a number of planned minority partner investment transactions. The deal is the fourth Solomon has completed in the last six months and an "important building block in its ambition to build a leading national advice and wealth management business", it said.  Solomon vice chairman Simon Goldthorpe (pictured) said: "The investment in Beaufort Financial Westerham is another major milestone for Solomon and a significant step forward in terms of our regional prese...

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 profession

'Nobody is big enough not to be bought'

'Nobody is big enough not to be bought'

Roderic Rennison on the future of deals in the advice industry

Isabel Baxter
clock 20 March 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read
Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Feel Good Friday: PA Awards attendees raise £15,000 for Go Beyond

Best amount ever raised

Professional Adviser
clock 20 March 2026 • 1 min read