CompaniesMay 16 2013

London IFA acquires two client books worth £35m

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London IFA Bradbury Hamilton has acquired two client books comprising 450 clients and £35m funds under management.

As part of a longer-term growth strategy, Bradbury Hamilton will take on 300 clients and £25m FUA from London-based Ford Reynolds and Associates Limited, as well as 150 clients and £10m FUA from Manchester-based Ian Jones and Associates Limited.

Chartered financial planner Harry Ford and adviser Ian Jones have joined Bradbury Hamilton and will continue to service their respective clients as well as taking on other clients from the BH database.

Sheriar Bradbury, managing director of Bradbury Hamilton said: “We are absolutely thrilled to add Ford Reynolds and Associates and Ian Jones and Associates to our expanding business.

“Harry and Ian bring a wealth of experience and knowledge with them, and are a perfect fit for the Bradbury Hamilton model. We look forward to offering their clients the very highest levels of service and advice.”

As a result of the acquisitions Bradbury Hamilton now looks after more than £300m FUA.

The company has acquired over 40 client banks and is still hungry to acquire more, Mr Bradbury added.

He said: “The introduction of the [Retail Distribution Review] at the start of the year has aided our programme of acquisitions and we look forward to welcoming more new clients on board.”