View more on these topics

Buckles buys Heather Moor & Edgecomb

Buckles has acquired Wiltshire-based IFA firm Heather Moor & Edgecomb for an undisclosed cash sum.

The deal has been funded by Buckles’ parent company, Sanlam UK.

Brian and Dolly Pickering established the firm over 40 years ago and it now has £100m of client assets under advice. All liabilities for past business will remain with the Pickerings.

In February 2008 HME refused to pay four Financial Ombudsman Service case fees of £360 each after the complaints were found in favour of the firm. Trowbridge County Court found the FOS’s practice of charging firms for the cost of dealing with complaints that are rejected was “unfair in principle and in practice”.

FOS appealed the ruling and in June 2008 the Court of Appeal overruled the County Court judgement.

Buckles says the Pickerings and their staff will stay on for the immediate future and three Buckles advisers will move to Lyneham to boost advisory services to the firm’s 2,000 clients.

Buckles executive chairman Nigel Speirs says: “We are delighted that Brian and Dolly have chosen to partner with Buckles to provide first class advice to their clients.

“They have built a quality business over many years and, by introducing products of our graduate training programme, we will be building the adviser base at Lyneham.”


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. Exasperated me 15th June 2010 at 2:35 pm

    I hope they treat HME customers fairly.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm