The new business will trade under the Chandos Rose banner in the pensions and investment market, while the Chadney Bulgin name will be used for mortgage business.
Chandos Rose was formed in 2007 by ex-Wentworth Rose head Philip Rose, along with former Wentworth Rose directors Ray Peyre, Mark Chandler and Malcolm Thomas.
In June 2002, Aegon took a 50 per cent stake in Wentworth Rose and bought the remaining half in April 2004. The firm was later rebranded as Origen, along with four other Aegon-owned IFA firms.
Chadney Bulgin was formed in 1993 and has 25 advisers operating in three branches.
Rose says: “The Chandos Rose blueprint is for us to build a national pensions and investment presence targeting the “marzipan layer” of investors; those with between £200,000 and £2m to invest – a growth market. We aim to have some fifty, high-calibre advisers. We have known Chadney Bulgin for some time and this merger will allow us to speed up the development of the operation by at least two years.”
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