CompaniesAug 26 2015

Tilney acquires Midlands-based adviser

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Tilney acquires Midlands-based adviser

Tilney Bestinvest has acquired the business of Birmingham-based Chartered adviser Webb Holton and Associates, for an undisclosed sum.

Tilney claimed the integration will scale up its presence in the Midlands, with the addition of four experienced advisers, as well as enhancing its ability to advise both individuals and corporate clients.

Peter Hall, chief executive of Tilney Bestinvest said that building out a presence in financial planning across the UK is a key strategic priority, so this deal represents a further milestone.

“We aim to be a leader in pensions in the UK and we are pursuing that strategy through a combination of new hires, office openings, acquisitions and our forthcoming partnership with Saga.

“The deal fits extremely well with our strategy and we are actively pursuing other acquisitions where the people and cultural fit is compelling.”

Nigel Lister, a director of Webb Holton, added: “The synergy between our team and Tilney Bestinvest is excellent, with an absolute focus on providing high quality advice and excellent client service.”