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Bestinvest buys Haines Watts

Bestinvest has acquired Haines Watts Financial Services in a deal that brings the group’s total client assets to over £4bn.

The deal provides Bestinvest with a national network of advisers in more than 20 locations across the country. The combined firm has more than 150 staff members and 70,000 clients.

Bestinvest chief executive officer John Spiers says: “HWFS has an excellent client base and a team of highly skilled and experienced consultants. We welcome the prospect of being able to offer face-to-face advice to some of our clients nationally through the HWFS network.”

HWFS managing director Richard Dawes says: “We considered linking up with a number of organisations but Bestinvest impressed us with their investment offering and similar culture.”

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