Bringing you live news and features since 2006 

1825 acquires Bristol-based Fraser Heath Financial Management

RELATED TOPICS​

1825, Standard Life’s wholly owned financial planning business, is to acquire Bristol-based Fraser Heath Financial Management, which has assets under advice of GBP352 million.

This will establish 1825’s South West Regional Office with 23 employees including seven planners and five paraplanners.  Formed 15 years ago, Fraser Heath offers a tailored service in wealth management, retirement planning and workplace pensions.
 
On completion of this acquisition, 1825 will have over 70 financial planners advising around 8,500 clients on around GBP3.7bn of their assets.
 
Having worked together for over 20 years, Fraser Heath’s leadership team of Jim Collier, Alan Loomes and Mark Fletcher will continue the day to day running of the business post completion. In addition Jim becomes Managing Director for the South West Regional Office and will join the 1825 Executive Committee.
 
Jim Collier, Managing Director at Fraser Heath, says: “In coming to this decision, we’ve undertaken a full due diligence process on 1825 and through this we’ve found that we share a number of core beliefs, including a focus on long-lasting client relationships, a similar culture and comparable investment solutions.
 
“We’re also looking forward to benefiting from being part of a larger group, from sharing and accessing resource, to further development of our people and fantastic career opportunities.”
 saysJulie Scott, 1825 CEO, says: “Fraser Heath is a great addition to our business and we welcome them to 1825. Establishing a regional office in the South West extends our financial planning footprint even further across the UK.
 
“It’s just over two years since we launched 1825 in response to the growing demand for financial advice and there are many more exciting opportunities out there as we continue to create a financial planning business of significant scale. We remain focused on growing 1825 and helping our clients plan to live the life they choose.”
 
The transaction is expected to complete in Q1 2018 subject to certain conditions being satisfied, including receipt of regulatory approvals.  
 

Latest News

Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by