Bellpenny, the national wealth manager and IFA acquirer, has announced the acquisition of Essex-based Personal & Corporate Financial Solutions (PCFS). This brings the number of completed Bellpenny deals to date to 16.
The acquisition encompasses £21m of funds under management with most clients living in the Essex area.
Bellpenny’s CEO Kevin Ronaldson commented:
“We welcome clients of PCFS into the Bellpenny fold and we look forward to helping them build and maintain highly-effective long-term financial plans.”
Former majority shareholder of PCFS, John Keesing, said:
“My thanks to Kevin and his team for helping to make the sale of the business such a professional, pain-free process. I have complete confidence that Bellpenny will ensure clients continue to receive the very highest level of care and attention.”