Tilney Smith & Williamson  

Deal sees Chelmsford firm join Tilney S&W

Deal sees Chelmsford firm join Tilney S&W
Steve Jupp, founder and owner of FP Solutions (left) and Richard Dawes, head of strategic partnerships at Tilney S&W (right)

Tilney Smith & Williamson has announced that advice firm FP Solutions will be joining its Chelmsford office, along with its founder and owner Steve Jupp.

FP Solutions specialises in providing advice on pensions and investments.

Tilney S&W said this was the second deal in its recently launched succession programme designed to provide an alternative to financial advisers approaching retirement.

The company first introduced a succession programme offering to take over the client banks of retiring financial advisers in October last year.

At the time, the firm said it was keen to talk to advisers who did not have a succession plan in place but want “an orderly and gradual handover” of the client relationships they have built once they retire.

Jupp, who is a sole trader and the only person joining Tilney S&W as part of the deal, will join the team at Summit House, which is located in the centre of Chelmsford. He will report to financial planning partner Pete Beasant. 

He said: “I look forward to working with Tilney Smith & Williamson in the coming years in order to enhance the quality of my client proposition. I am confident that my clients will benefit enormously from the ongoing services and advice that Tilney Smith & Williamson can provide.”

Tilney S&W said the Chelmsford team offers a variety of financial services, including investment management, investment advisory and financial planning.

Richard Dawes, head of strategic partnerships at Tilney S&W, added: "Steve has built a great business working with clients from across Essex and this move will ensure they continue to receive a high-quality, personalised service for many years to come. The announcement also demonstrates our commitment to continue growing our business in Chelmsford and the wider Essex area.”

In November, Explore Wealth Management joined as part of the succession programme in a deal which saw five staff, along with the firm’s owner Stephen Sumner, join Tilney S&W's office in Newcastle.

sonia.rach@ft.com

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