Mergers and acquisitions  

Courtiers assets hit £1.1bn after IFA purchase

Courtiers assets hit £1.1bn after IFA purchase
 Jamie Shepperd, chief executive at Courtiers

Wealth management firm Courtiers has purchased south-west based advice firm Davidsons IFA in a deal which takes its total funds under management to just shy of £1.1bn.

In a statement yesterday (August 26), Courtiers said the purchase will bring in £120m in client funds as Davidsons becomes part of the Courtiers Group.

Courtiers chief executive Jamie Shepperd said: “Courtiers and Davidsons are a perfect match. We share a commitment to putting clients first, and doing business in a way that’s modern, while also representing the traditional values that we’ve both been able to build on over decades.

“Having met Craig and his colleagues, I know that they share the commitment that everyone at Courtiers has to make this a great success.”

The purchase of Davidsons IFA, which began business 20 years ago, takes the number of employees at Courtiers to 125. The firm already has offices in Oxfordshire, Derbyshire, and Staffordshire.

Davidsons' managing director Craig Davidson and his team will continue to serve clients from their existing offices in Okehampton and Wadebridge.

Davidson said: “Courtiers is a natural fit for us. Their investment credentials are excellent and their client-focus ethos means our clients will be well looked after.”

The deal completed on August 12. 

It follows several acquisitions by the group in recent years. In 2020, Courtiers, with its head office in Henley-on-Thames, bought SDB Strategic Planners. 

This followed its 2018 acquisitions of De Brae Investment Management and advice firm Paragon Independent Solutions. In 2016, the firm also bought Oxford-based IFA JRH Asset Management. 

sonia.rach@ft.com

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