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A wealth management and financial planning firm has opened a new national head office in Birmingham.

Succession Wealth has launched the operation at 60 Church Street where it will house 60 wealth planners and client support staff along with members of the senior leadership team.

It is now planning to turn its existing base in the Jewellery Quarter into a national training and conference centre and said it was looking to make acquisitions in the city region and recruit more staff.

Nationally, the firm now has 15 regional offices, employing 460 staff including 175 wealth planners.

Paul Millar, regional partner for Succession Wealth in Birmingham, said: "Birmingham has grown to become a major attraction for large businesses and their employees.

"Its programme of infrastructure and transport improvements makes it a thriving place to do business and a logical choice for our new head office.

"We are a nationwide firm with offices all over the º£½ÇÊÓƵ. We wanted an HQ that positions us right in the heart of the country.

"We have a clear strategy for sustainable growth and development, and I am enthusiastic about the new opportunities this move represents for the Succession Wealth."

Its previous head office was based in Plymouth and none of its centres will close as a result of this move.