Glasgow financial planning company bought by IFA and fast-growing fund company

As well as expanding One Four Nine Group’s footprint in Scotland, the deal brings assets under management to some £650 million for nearly 2,000 clients and increases the number of employees to over 50. It It is also the fourth acquisition of One Four Nine Group since its launch in October 2021. .

APC Financial Solutions & Consultancy Services is led by a top-level, all-female team and is owned by a small group of Scottish businesses that have achieved the Chartered Financial Planners designation from the Chartered Insurance Institute (CII).

One Four Nine announced new acquisitions with an additional round of equity financing through Copper Street Capital.

Managing Director Gabrielle Beaumont said, “I am personally delighted to welcome Angela Proctor, Lynne Meek and their APC colleagues to One Four Nine Group. As we progressed through the acquisition process, it became very clear that the team has built a very impressive company and I look forward to exploring the ways we can work together to deliver an even better customer experience. .

“The quality of their management team, high-value customers and business introducers made them an excellent candidate, aligned with One Four Nine’s values ​​and long-term aspirations for business growth. “

Financial details surrounding the acquisition were not disclosed.

Matthew Bugden, Managing Director of One Four Nine Group, said: “It is extremely satisfying to see our acquisition program continue apace, particularly with the high caliber of companies and advisors, such as the APC team, who wish to join our colleagues.

Gabrielle Beaumont, Managing Director of the One Four Nine group.

“Our expansion momentum has strengthened since launch, given our strong relationships in the financial advisory industry, which has resulted in a healthy flow of inbound inquiries from advisors attracted to our unique offering.

“With such a rich and diverse pool of talent within the advisor market, I am confident that our numbers will continue to grow significantly by the end of the year.

“I anticipate that the market will hear more from us in the weeks and months to come as we continue to execute on our strategic plans,” he added.

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