We are delighted to announce our latest acquisition. We have completed our purchase of MJH The Independent Financial Adviser, a leading IFA based in Crawley, West Sussex. The addition brings our combined assets under management to almost £200 million. The acquisition is the third we have made, with another two currently in our pipeline.
Simon Jones. CEO of Financial Framework, commented: “As a growing business, we are continually looking for existing businesses to bring into the Financial Framework fold. From the moment we started talking to Mike Herdman about a potential acquisition we knew that there were clear synergies. Mike has developed an excellent business and, like us, puts a huge amount of stock in personal, bespoke service. The acquisition has always felt like a natural fit, so we are delighted to have completed the purchase.”
Mike Herdman, founder of MJH The Independent Financial Adviser, commented: “When I began to think about retirement, I knew that my first priority was to find a first-class home for my valued clients. I spent a lot of time talking to a number of potential acquirers and I chose Financial Framework because I believe they will ensure that my clients will be provided with an exemplary level of service moving forward. In a large market of financial advisers, they stood out. So, I am delighted to have found what I consider to be the very best home for my clients.”
As we continue to expand our practice, we remain committed to finding other IFA businesses who would like to join us. If that’s you, then please do not hesitate to get in touch.