Loyal North adds £40m in client funds with buy out of Kent advice firm

The deal aims to help Loyal North expand in the South East

Isabel Baxter
clock • 1 min read

Loyal North has acquired advice firm Paul Wallis Financial Solutions (PWFS) to increase its presence in the South East.

Kent-based PWFS has been in business for over 13 years and will join Loyal North's regional firm H&D Financial Planning. The deal is expected to bring Loyal North, which currently manages £1.5bn in client wealth, an additional £40m of client funds to its group. PWFS principal Paul Wallis will join H&D as a senior financial planner and will continue to deliver financial planning to his clients. He said: "We have always believed in putting our clients first, and that is why H&D, combined with the personalised and regionalised approach of Loyal North was the perfect fit for us. "As...

To continue reading this article...

Join Professional Adviser

  • 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

Majority of IFAs 'concerned' about artificial intelligence

Majority of IFAs 'concerned' about artificial intelligence

Three in five believe regulations on use of AI tools should be made stricter

Sahar Nazir
clock 08 December 2023 • 2 min read
Model portfolio services outperform adviser platform market

Model portfolio services outperform adviser platform market

NextWealth says 41% of advisers expect to increase MPS use next year

Sahar Nazir
clock 08 December 2023 • 1 min read
PA Working Lunches: Register today to hear from Schroders

PA Working Lunches: Register today to hear from Schroders

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 08 December 2023 • 1 min read