Financial planning firm Transcend Wealth has merged with Phil Billingham’s IFA firm Perceptive Planning.
Transcend Wealth owner Brian Foster says his firm has been looking to merge with another planning firm for some time.
The combined firm will have more than £23m of client assets, three CFP qualified financial planners, two paraplanners and an administrator.
Perceptive specialises in dealing with wealthy families and business owners and is a member of the IFA Centre.
Foster says: “I was very keen to retain the feel of a small, owner managed business with a highly personal approach to client service, and becoming an IFP accredited financial planning firm was always on my agenda.”
Billingham says: “While a merger of this nature was not in our immediate plans, this is too good an opportunity for all of us to ignore. It strengthens our team and allows us to take on another paraplanner, to ensure we continue to deliver the high service levels our clients quite rightly expect.”