HFMC Wealth completes acquisition

HFMC Wealth completes acquisition HFMC Wealth has acquired R&S Financial Planning Ltd in a deal which further strengthens its London office. The transaction, which completed on 16th January 2023, sees all R&S Financial Planning client-facing staff retained. Vince Lane continues to oversee his key client relationships. The team will be strengthened further with Darren Berry joining the team on a full time basis.  Darren has previously looked after private clients at UBS and holds the Chartered Financial Planner status, is a designated Trust and Estate Practitioner through STEP and is a Fellow of the Personal Finance Society. R&S advises over 100 families, many of whom have been clients for decades and, in some cases, over multiple generations. The deal will add to HFMC Wealth around £630,000 of annual recurring revenue and assets under advice of £145m. The average client size is £1.2m, which marries perfectly with HFMC Wealth’s High Net Worth proposition. Commenting on the transaction, R&S owner and director, Vince Lane said: “We have felt for some time that joining a larger firm would be the best way to deliver the wider range of services we wish to provide our clients, whilst also providing a controlled succession to my [...]

By |2023-01-17T09:38:10+00:00January 17th, 2023|Insights, News|Comments Off on HFMC Wealth completes acquisition

What does the end of the Stamp Duty holiday mean for the property market?

The Stamp Duty holiday will end in October. After record-high property prices in June, reports suggest prices could start to fall but other factors are likely to play a role too.

By |2021-06-21T16:22:56+01:00June 21st, 2021|Mortgages, Insights, News|Comments Off on What does the end of the Stamp Duty holiday mean for the property market?