One Four Nine buys Scottish IFA in largest acquisition to date      

AUM up to £1.3bn in seventh purchase since inception

Julia Bahr
clock • 2 min read

National IFA and fund management group One Four Nine has revealed its largest purchase to date with the acquisition of Glasgow-based financial planning firm McCrea Financial Services (McCrea).

The group's seventh transaction since launch expands its Scottish presence to three locations and its national footprint with 31 advisers now serving 4,000 clients with £1.3bn from seven locations plus its head office across the United Kingdom. Set up in 1999, McCrea is primarily servicing clients across the West of Scotland. The firm is led by industry veteran Douglas McCrea, who has spent 40 years in the industry. The acquisition of McCrea followed the recent expansion of its leadership team with the appointment of Barry Strathearn joining as chief compliance officer and Stuart Hard...

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