Wealth management and financial advisory group Hoxton Wealth has acquired a Greater Manchester firm as it grows its presence in the North West.
Hoxton Wealth has acquired Sale-based pensions and investment specialist Haven IFA just months after it chose Liverpool for its first North West office. It says its North West growth has added £140m in assets to its business.
Hoxton Wealth’s revenue director Oliver Gorman said: “Manchester is a magnet for talent and enterprise. Establishing a base there is strategically important for our clients and our growth.
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“Haven IFA is a high-calibre team with shared values: client-first planning, local roots and professional excellence.”
Chris Ball, CEO of Hoxton Wealth, said: “Over more than 21 years, Haven’s chartered financial planners, including former directors, have built a solid, trusted business serving clients across Greater Manchester.
“After being introduced in the spring, we quickly found alignment. Haven had engaged with several suitors but prioritised a partner that would protect continuity for local clients and advisers, retain its North West base with genuine financial planning at its core, and offer long-term stability and opportunity for their people.”
Two of Haven’s four advisers will join Hoxton Wealth while two will retire. Haven’s administration team will also become part of Hoxton Wealth to give continuity to clients and staff.
Mr Gorman added: “Nick Dando, Graham Slater, and Mike Leigh have built a fantastic business over the years at Haven, and it’s been an absolute pleasure working with them through this process.
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“We’re genuinely thrilled to have Mike staying on as part of the team. His experience and deep client relationships will be invaluable as we continue to grow our presence in Manchester. We look forward to supporting the existing Haven client base while building on the strong foundations already in place across the region.”
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