The deal is the second in three months for Conforto following its
acquisition of The McCroddan Partnership in July.
Christie Scott’s owner Julie Hedge is to join Conforto at its West End
office as part of the deal and the firm’s Reigate office will be closed.
Conforto’s assets under management will increase to around £125m following the acquisition and it is hoping to increase this to in excess of £500m going forward.
Conforto will employ a total of 16 staff after the acquisition including six
Registered Individuals. It is hoping to build its assets under management to
in excess of £500m.
Conforto managing director Andy Sutton says: “We are delighted to be working
with Julie Hedge and she will play a key role in the opening of our new
“These are exciting times for the business as we work towards building a
refreshingly different fee-based advice organisation focusing on a
client-led approach offering differentiated investment opportunities.”
Conforto will have around four staff in its London office.
Ian Poulter, Barry McGuigan, Lee Dixon and Jonathan Davies act as sporting
ambassadors for Conforto and are also minority shareholders.
The firm, which was founded in 2005, initially focused on professional
sports people but has widened its client base through a healthy stream of
new client referrals.