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Tenon and RSM Bentley Jennison to merge

Tenon Group and RSM Bentley Jennison have announced plans to merge in a bid to become the UK’s leading financial and business advisers.

The practice will trade as RSM Tenon. The merger will enhance the combined group’s scale, geographic coverage and service portfolio.

On completion of the deal, RSM Tenon will have a combined financial management practice of nearly £25m in size and become the largest financial services business of any UK accounting firm and a Top 25 IFA nationally.

It will have over 120 qualified advisers operating UK-wide. Tenon Group chief executive Andy Raynor will head the enlarged firm.

Raynor says: “This deal is a combination of the two most substantial entrepreneurial businesses in our industry. It is the beginning of a new era of opportunity and growth for our teams and provides us with an excellent platform from which to challenge traditional approaches to client focus and service delivery.”

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