Roger Harris & Co. was founded back in 1989 and has a client base of 140 investors and assets in the region of £70m.
Greystone Financial Services managing director Paul Heap says: “Roger Harris & Co has an excellent track record and an outstanding reputation for offering top-end holistic advice across the Midlands.”
Greystone, which has over 5,000 high net worth individuals and corporations, was itself acquired back in April 2008 by US wealth management firm Focus Financial Partners.
Focus is looking to enter the UK market and acquire what it sees as the best 2-3 per cent of businesses, through the Greystone brand, that will fit in with the group’s business model.
Focus Financial Partners founder and CEO Rudy Adolf says: “It has been just three months since Greystone joined us so we are delighted to be able to support them in a transaction that assists in their accelerated growth so soon. Roger Harris & Co has one of the closest business models to the US fiduciary level of quality, independent, fee-based advice that we have seen and will make a good addition to our growing operations in the UK.“