Edinburgh firm Chiene + Tair bought out by its own management team

The deal will see the duo take on full ownership from existing shareholders

Hope William-Smith
clock • 1 min read

Scottish firm Chiene + Tait Financial Planning has been acquired by its own management team in a buyout deal lead by two directors.

The advice firm was established 2000 and has offices in Glasgow, Inverness and London in addition to its headquarters Directors Mark Dobson and Gordon Birrell will now take full ownership of the firm from the existing shareholder, which is its sister company law practice.  As part of this deal, it will rebrand as ‘Seven Street Wealth' and move to new premises in the west end of Edinburgh. Dobson said: "There are fewer independent financial advisory firms in the market, due to consolidation in our sector and Seven Street Wealth pride itself on being privately owned. "Under our le...

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

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Wealth manager has partnered with charity Sporting Wellness

Professional Adviser
clock 03 May 2024 • 1 min read
Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
Behavioural coaching a 'tough sell' among prospective clients

Behavioural coaching a 'tough sell' among prospective clients

‘Clients overlook major sources of value from advisers’

Isabel Baxter
clock 02 May 2024 • 1 min read