Wealth manager Brown Shipley has formally integrated The Roberts Partnership into its Manchester office, following its acquisition of the business in October 2016.
The Roberts Partnership, a financial planning and wealth management company, will cease to operate as a legal entity from May 2017 as its advisers formally join Brown Shipleys' Manchester office in Spinningfields.
The Roberts Partnership wealth management director Tony Antczak said: "The opportunity to be part of a bigger network and to be able to draw upon expertise from across wealth planning, investment management and lending, means we will be able to support our clients with all their wealth management needs even better."
The integration has added seven advisers and 12 support staff to Brown Shipley's operation, as well as £540m assets under management (AUM), bringing the wealth manager's total AUM to £5.5bn.
That £540m figure is up on the £450m originally announced at the time of the acquisition last October. Brown Shipley said the rise was attributable to positive market conditions over the past six months.
The wealth manager has five additional offices across the UK - in Birmingham, Edinburgh, Leeds, London and Nottingham.
Brown Shipley said the acquisition was part of a strategy to enhance its proposition and services to clients, particularly in wealth planning, and hoped this would cement its regional presence in the North West.
Chief executive Ian Sackfield (pictured) said: "The addition of such a high calibre group of financial planners means we are able to serve a greater number of clients and to draw upon even more expertise."
Sackfield announced in March he would be stepping down as chief executive after eight years but would continue in the role until a successor had been appointed.
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