Old Mutual Private Client Advisers (PCA) has acquired Shropshire-based financial planning firm Infiniti Financial Planning.
The acquisition saw £230m assets under management brought to Old Mutual Wealth's advice arm.
Infiniti's three advisers and additional support staff will be merged with OMW's newly-acquired financial planning business Premier to form the Birmingham office of Old Mutual PCA.
Infiniti managing director Kevil Speake will become a regional director with the business.
Speake said: "Becoming part of Old Mutual Wealth Private Client Advisers is extremely exciting for me and the rest of the advisers and staff at Infiniti.
"The opportunity to grow this business and deliver prosperity and financial security to even more households in the region is something I'm really looking forward to."
Old Mutual Wealth Private Client Advisers managing director Nigel Speirs said: "I look forward to working with Kevin and his colleagues as we bring together two exceptional financial planning business, Infiniti and Premier, to become part of Old Mutual Wealth Private Client Advisers."
Earlier this week eight financial planners graduated from OMW's Financial Adviser School, which it had acquired from Sesame. They are the first cohort to complete the programme since its relaunch in 2016. Five of them will join Old Mutual Wealth Private Client Advisers.
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