IFA firm Bradbury Hamilton has bought the client banks of two adviser firms and says it is on the lookout for more acquisitions.
The first acquisition is Ford Reynolds and Associates, which has 300 clients and £25m worth of funds under influence. The London-based firm is led by Harry Ford and founded in 1998.
The second purchase is Ian Jones and Associates, which has 150 clients and £10m under influence. The Manchester-based firm is led by Ian Jones and was also founded in 1998.
Both Ford and Jones have joined Bradbury Hamilton as advisers and will continue to service their own clients.
The acquisitions boost Bradbury Hamilton’s funds under influence to more than £300m. The firm has bought more than 40 client banks since it was founded in 1993.
Bradbury Hamilton managing director Sheriar Bradbury says: “Harry and Ian bring a wealth of experience and knowledge with them, and are a perfect fit for the Bradbury Hamilton model. We look forward to offering their clients the very highest levels of service and advice.”