Loyal North increases Scottish presence with latest acquisition

The buy-out should bring a total of £60m in client funds

Isabel Baxter
clock • 1 min read

Loyal North has acquired financial planning firm Sovereign Financial Services to boost its existing presence in Scotland.

Sovereign Financial Services is based in Galashiels in the Scottish borders and will join Loyal North's regional hub, Lowland Financial Planning, also based in Galashiels. Sovereign principle John Kennedy will be retiring but will join Lowland as a senior financial planner to oversee the effective transition of clients. The acquisition will bring a total of £60m of client funds to the group. Kennedy said: "Our business has prided itself on providing excellent financial planning, putting our clients at the heart of what we do and that is why the team at Lowland, and the personalised...

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