Close Brothers AM buys Dorset-based IFA adding £220m in assets

The wealth manager’s purchase of Bottriell Adams is subject to approval

Isabel Baxter
clock • 1 min read

Close Brothers Asset Management (CBAM) is to acquire Dorset based IFA Bottriell Adams, subject to regulatory approval.

Bottriell Adams was founded in 2004 and currently manages over £220m of assets for high net worth client families and small businesses. As part of the agreement, the advice firm's partners, financial planners, and support team will join CBAM. The acquisition is part of CBAM's growth strategy, helping to extend its regional footprint in the Southwest. CBAM currently operates from London, Birmingham, Bristol, Cheltenham, Chichester, Chester, Dorset, Farnham, Gatwick, Manchester, Newcastle, Northwich, Edinburgh, Glasgow, and Guernsey. Bottriell Adams managing partner Gary Bottriell...

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 Companies

Hargreaves Lansdown receives revised £5.4bn bid from PE consortium

Hargreaves Lansdown receives revised £5.4bn bid from PE consortium

Bid led by private equity consertium CVC Capital Partners

Cristian Angeloni
clock 18 June 2024 • 1 min read
Adviser numbers up at Tatton as it sets £30bn AUM target

Adviser numbers up at Tatton as it sets £30bn AUM target

‘Our IFA community is going from strength to strength’

Isabel Baxter
clock 18 June 2024 • 2 min read
ValidPath supports Herefordshire-based IFA firm Winnell Douglas

ValidPath supports Herefordshire-based IFA firm Winnell Douglas

Part of the IFA network’s ‘succession solution’ programme

Isabel Baxter
clock 11 June 2024 • 2 min read