A Midlands financial adviser has bought a Leamington firm as part of its plans to expand on a regional scale.
Adler Financial Planning, part of the Adler Insurance Group and based in Birmingham, has bought Chapel Court Wealth Planning - formerly Burgis and Bullock Financial Services - for an undisclosed amount.
Stuart Burkin, director at Adler Financial Planning, said: “This acquisition creates long-term continuity for both Adler and Chapel Court clients.
“It will help us to spend more time focusing on the things that matter to them; preparing for their long-term future with financial advisers who share the same philosophy, and use the same financial processes and methodologies they are used to.”
He added that the two firms had been working closely for several months, and the acquisition was a natural progression in the relationship, welcomed by all involved.
Both firms currently work with clients based in Warwickshire and the West Midlands, and Adler Financial Planning’s purchase followed the firm’s realisation that many of their Warwickshire clients wanted a local service.
Adler Financial Planning’s acquisition of Chapel Court Wealth Planning will enable them to establish a foothold in the region – one that is easily accessible to clients from both the Warwick and Stratford-upon-Avon areas.
The firm will continue to serve clients of Burgis and Bullock, and its combined business with Chapel Court Wealth Planning will manage investments in excess of £80 million.