海角视频

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Professional Services

Growing Bristol financial services firm acquires Gloucestershire business

Clifton Asset Management has continued its recent expansion with a deal for financial advisers Noble James Associates

Anthony Carty, group financial planning director at Clifton Asset Management(Image: 漏Barbara Evripidou)

A growing Bristol financial services firm has completed another acquisition as it continues to accelerate a “buy and build” strategy.

Clifton Asset Management has bought financial advisers Noble James Associates - based in Stroud, Gloucestershire - for an undisclosed sum.

The deal for Noble James, which has a team of three advisers and assets under management of £130m, takes Clifton’s total assets under management to £970m.

In July, Clifton announced that it had received “significant” first round funding from independent asset manager, BOOST&CO, which had helped it to take over Scottish financial advisory firm Burnett & Reid.

Clifton said its growth strategy would allow smaller advisory firms like Noble James - which was formed in 1999 - to “quickly compete” with larger rivals by gaining access to services and products under the group’s umbrella.

Group financial planning director at Clifton Anthony Carty said: “We are particularly thrilled to be working with the highly experienced team at Noble James. Their client focus and commitment to great outcomes mirrors our philosophy at Clifton.

“This latest acquisition also highlights that our planned acquisition strategy is on course and delivering value to clients as planned.”

James Brown, personal finance director of Noble James Associates said: “During the process of deciding to sell the business we had talked to several other acquirers but in Clifton Asset Management we found a firm with the same ethics and ethos - where just doing the right job is so important.