Congratulations to all parties involved
Loyal North plc is an established and dynamic group providing financial planning and wealth management services in the UK, responsible for over £1.8bn of invested client wealth, a part of a much larger global financial services group of companies, Fusion Wealth.
A successful strategy of acquisition has seen the firm acquire financial planning firm Sovereign Financial Services, boosting the company's existing presence in Scotland.
This deal adds £60m AUA and clients throughout Scotland with Sovereign principal, John Kennedy, joining as a senior financial planner in order to oversee the transition before retiring.
This deal furthers Loyal North plc's short-term strategic ambition of reaching £2bn in managed client wealth.
"Tomorrow", the leading IFA broker, advised all parties on this transaction, from initial introduction, through to the successful completion.
If you are looking to sell your business and would like our professional guidance to achieve that goal please contact Paul Clutton or Mike Porter at "Tomorrow".
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