Pictured from left to right: Gavin Wood, managing director of Beckett Investment Management Group Mike Davies, managing director of Norfolk & Suffolk Financial Services Chad Morris, director of Norfolk & Suffolk Financial Services
Beckett Investment Management Group (Becketts) has acquired Norfolk & Suffolk Financial Services.
Becketts said the acquisition, which completed on 29 May, further strengthened its presence across East Anglia and expanded its ability to deliver high-quality financial planning and wealth management services to clients throughout the region.
Founded in Lowestoft, Norfolk & Suffolk Financial Services provides independent financial advice and long-term financial planning to individuals, families and businesses.
All members of the Norfolk & Suffolk team have joined Becketts following the acquisition, which it said ensures continuity for clients and preserves the "expertise and relationships that have been developed over many years".
The firm said its Lowestoft office will continue to operate as normal, maintaining a local presence for clients across Norfolk and Suffolk.
As a chartered financial planning firm, Becketts said the business shared its commitment to "professionalism, client service and high standards of advice".
"The acquisition brings together two well-established East Anglian firms with a shared focus on helping clients achieve their financial goals through trusted, long-term relationships," the firm added.
Norfolk & Suffolk Financial Services managing director Mike Davies, who will be retiring, said: "This is an exciting new chapter for both our clients and our team. Since founding Norfolk & Suffolk Financial Services, our focus has always been on delivering high-quality, personal financial advice and building lasting relationships with our clients.
"As I look ahead to my retirement, it was important to find a partner that shares those values and could continue to support our clients and colleagues for many years to come. Beckett has a strong reputation, a commitment to putting clients first and an excellent cultural fit with our business.
"Importantly, our clients will continue to work with the people they know and trust, from the same Lowestoft office, while benefiting from the additional resources and expertise that come with being part of a larger organisation."
Becketts managing director Gavin Wood added: "We are delighted to welcome the Norfolk & Suffolk team and their clients to the Beckett family. Over many years, they have built a respected chartered financial planning business with a loyal client base and an excellent reputation for advice.
"Their values closely align with our own and we are excited to support the next stage of their journey.
"This acquisition further strengthens our presence across East Anglia and demonstrates our commitment to investing in talented people, maintaining strong local relationships and continuing to deliver outstanding outcomes for clients."
This latest deal from Becketts comes after it acquired Absolute Sense Financial Planners at the end of last year.
