Quilter acquires 200 advisers in Charles Derby deal

Undisclosed fee

Tom Ellis
clock • 2 min read

Quilter has acquired financial planning business Charles Derby, which will see more than 200 financial advisers join the advice giant from its network.

Quilter said the advisers will transition into its advice business over the course of 2019, adding the acquisition represents the next stage of its ambition to broaden its national advice business.  Charles Derby was a member of Quilter's advice network and so already operated within the consolidator's framework. Quilter said this will mean there will be "minimal" disruption for advisers and clients during the transition.  The deal also sees Darren Sharkey, who was named interim manager of Quilter's high net worth advice business Quilter Private Client Advisers (QCPA) last October, be...

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