Milecross Financial acquires Dundee firm with £30m of assets

The firm is on an acquisition spree as it plans to buy ‘several’ firms this year

Sahar Nazir
clock • 1 min read

Milecross Financial has acquired Dundee-based Osprey Financial Services in a deal which adds £30m of assets and around 600 clients to the national advice firm.

Osprey Financial Services offers advice across pensions, investments, mortgages, and protection. It will be fully integrated under the Milecross umbrella with all staff retained and clients transferred. Milecross chief commercial officer Chris Thorndycraft said: "Knowing which acquisition opportunities to pursue is never easy, however, the cultural and geographical fit, plus the great people at Osprey, made this an easy decision for us. "Their holistic approach, across all advice areas, mirrors ours, which will ensure a smooth integration between the two businesses." Osprey Financi...

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

The five-minute complaint and the five-day investigation

The five-minute complaint and the five-day investigation

GSI Group CEO on complaints, AI and the latest set of FOS reforms

Mark Buck
clock 12 August 2026 • 5 min read
Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin: The advice gap - an embarrassment of riches?

Andrew Goodwin
clock 12 August 2026 • 4 min read
New Talent Alliance launches financial advice careers guide

New Talent Alliance launches financial advice careers guide

Designed to attract new entrants into the profession

Sophia Panayi
clock 11 August 2026 • 2 min read