IFA firm Ascot Lloyd has agreed to acquire UK-based Prest Financial Planning and QS Financial.
Prest Financial Planning is a Stockport-based IFA, which has six financial planners and 26 employees in total.
It reported £3m ($3.7m, €3.4m) in revenues, over £1m in earnings before tax and manages approximately £350m in assets.
Following completion, Prest will transition to the Ascot Lloyd brand.
QS Financial, based in Bromsgrove, Worcestershire has over £65m in funds under management.
The financial terms of the deals were not disclosed.
Nigel Stockton, chief executive of Ascot Lloyd, said: “Prest and QS Financial are two more high-quality acquisitions for Ascot Lloyd, continuing our track record of identifying strong businesses that represent a good fit with our culture and commitment to client excellence.