Law and financial advice firm Gilson Gray has acquired two adviser businesses for an undisclosed sum.
The firm, part of the St James’ Place network, has bought A MacLeod Financial Services and the Lindsay Practice.
The acquisition will take Gilson Gray’s assets under management to over £100m.
Gilson Gray, which launched in May, is based in Edinburgh and Glasgow and offers advice on mortgages, investments, pensions and tax planning.
The firm is targeting £500m of assets under management within five years and is looking for further acquisitions.
Gilson Gray managing partner Glen Gilson says: “Our strategy is to attract the best talent in the market. These businesses are a strong fit for us strategically and we are delighted to have them on board.
“The full suite of services that we can now offer is compelling, allowing clients to secure expert legal and financial advice all under one roof.”