Markland Hill Wealth, Corporate Partner IFA firm, is acquiring the clients and assets of Liverpool based IFA firm Smith Law & Shepherds IFA Ltd. The combined company will trade under the Markland Hill Wealth brand.
A new Executive team of Dan Clough and Tom Smith from SLS and Barrie Dawson from Markland Hill Wealth, who will be joined by his brother David, will drive the business forward.
The combined business has assets of over £¼ billion under management with bases in Liverpool, Bolton, Lancaster and Watford with a team of 22 IFAs, Mortgage and Protection Advisers and trainees plus a support team based in Liverpool.
Tom Smith from SLS said: “Coming together with a Manchester area firm expands our coverage in the North West and we have so much in common with Markland Hill Wealth which makes this an excellent fit.”
The company has ambitious expansion plans and is backed by David Atherton who will be chairman of the Board. He said: “This is an exciting time for Markland Hill Wealth, it’s clients and staff alike. In these uncertain
times, the need for independent regulated financial advice has never been more important. Natural economies of scale will release further funds and we intend to use these for further growth and ever improving client
attention.”
Markland Hill Wealth is also a regional partner of Regionally and co-founder Justin Urquhart-Stewart commented: “Professional Financial Planning and advice is probably the most valuable service that we all
should benefit from. Markland Hill Wealth is one of the country’s leading providers of such services in the UK and provides a great example for others to learn from. Their further growth is a testament for the strength
and capability of this valuable and dynamic business. The quality of their business is proven by their success in providing such a valuable example of innovative services for the benefit of their clients, their industry and their local economy. A great track record with a brightly lit path for the future.”
The Executive team is really excited about the opportunities the combined company can create and is looking forward to the journey with their clients to make their finances work as hard as possible.
