Clifton Wealth Partnership completes two acquisitions adding £146m AUM

Private equity-backed CWP said it had worked with the two firms, Grovebridge Financial and Clifton Business Consultancy, for more than ten months to facilitate the final acquisitions. Grovebridge Financial is based in Bingley, West Yorkshire. It has worked with 200 families in the Yorkshire area for about a decade. Director and Chartered financial planner Paul Smith will continue with the business while fellow director Hilary Stephenson is to retire, CWP said. Stephenson said: "We spent a considerable amount of time understanding the potential purchasers in the market. CWP stood ...