Buckles Acquires Highgrove Investments
20th November 2008
Buckles, Wales’ largest Independent Financial Adviser has acquired the Highgrove Investments, based in Cheshire, for an undisclosed cash sum. The principal in the business, Malcolm Fish, is retiring and leaving the industry.
The acquisition will strengthen Buckles’ presence in the North West of England and will increase the total number of active clients to over 25,000.
Nigel Speirs, Buckles’ Chief Executive, said:
“This acquisition marks the continuation of our strategy of buying the businesses of retiring IFAs. We will look at compatible and locally based firms whose principals are seeking retirement or are thinking of leaving the industry.
“Our graduate training programme is producing a stream of highly qualified advisers, who will look after the newly acquired client base of some 400 private individuals.”
