Clifton Wealth Partnership pursues growth with seven new deals

Clifton Wealth Partnership has recently expanded its reach with the acquisition of seven advice businesses scattered throughout England and Wales. These acquisitions mark a significant step forward for the firm, adding £500 assets under management and 25 new team members to its roster.

Among the acquired businesses is Capel Court Ltd, a well-established firm based in Colchester, Essex, which has been providing financial planning services for over 30 years. Similarly, Financial Solutions Wales Ltd, located in Llanelli, Wales, has been catering to the financial needs of families since 2005 under the stewardship of Jeremy Phelps.

Davies Craddock Ltd, also based in Llanelli, Wales, boasts a long history of 34 years in financial services. Meanwhile, Tailormade Financial Services Ltd, based in Bristol and founded in 2002, has been diligently serving over 100 family groups. Absolute Financial Services LLP, a Nottingham-based firm founded in 2007, is managed by financial planners Adam Fearn and David Ryan, overseeing nearly 300 family groups.

London Private Wealth Ltd, operating in the UK capital since 2001, is under the direction of planners Thomas Richter and Rene Lans and manages a substantial portfolio of over 400 family groups. Additionally, Clifton Wealth Partnership Portishead Ltd, previously known as Pure Advanced Financial Planning, has been an appointed representative for Clifton since early 2024. Under the direction of planners Alison Davis and Adrian James, the firm has been dedicated to the financial well-being of over 200 family groups.

Anthony Carty, the group financial planning director and managing director at Clifton Wealth Partnership, revealed that the firm had acquired four businesses in quick succession from July 2022 to April 2023. A short pause was taken thereafter due to the retirement of a co-director, prompting the firm to reevaluate its growth strategy. Despite this break, Clifton had stayed in touch with potential partners, such as Financial Solutions Wales, demonstrating its commitment to maintaining relationships even if the timing was not right initially.

Carty emphasized that the integration of the acquired businesses was carefully planned, ensuring a smooth transition for both clients and staff. With a strong team of 135 employees in place, the firm was well-prepared for the acquisitions. Looking ahead, Clifton has three more deals in the pipeline, solidifying its position as a key player in the wealth management sector.

Overall, Clifton Wealth Partnership’s recent acquisitions highlight its dedication to strategic growth and commitment to providing quality financial services to an expanding client base. With a well-thought-out integration process and a clear vision for the future, Clifton is poised to continue its upward trajectory in the industry.