BUCKLES ACQUIRES MORTGAGES PENSIONS & INVESTMENTS LTD.
1st March 2010
Buckles, Wales’ largest Independent Financial Adviser has acquired Mortgages Pensions & Investments Ltd, based in Wigan, for an undisclosed cash sum. The principal in the business, David Brown, 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’ Executive Chairman, said:
“This acquisition marks the continuation of our strategy of buying the businesses of retiring IFAs. We will look at compatible firms whose principals are seeking retirement or are thinking of leaving the industry.
“Our graduate training programme is continuing to produce a stream of highly qualified advisers, who will look after the newly acquired client base of some 300 private individuals.”
