Milecross Financial has “returned to its roots” by completing its third significant acquisition in 2024—this time in its birthplace, Northern Ireland.
In a statement today, it said Miskimmin Wealth has offices in Belfast and Ballyclare and is an established financial adviser business that focuses on retirement planning, investing, and mortgages.
The deal adds approximately 8,000 clients, a team of 18, and around £130m of assets to Milecross.
This purchase follows the recent acquisitions of Dundee-based Osprey Financial Services, and the Surrey practice The Centre Court Partnership.
Paul Dalzell, founder and chief executive officer at Milecross, said: “Miskimmin Wealth is a Northern Ireland-based business and so this acquisition takes us back to where Milecross began. The firm has a strong local presence specialising in wealth management, allowing Milecross to continue to grow its wealth profile while at the same time achieving benefits through closely related operations.
“It’s a brilliant opportunity to use the combined talents in both businesses to offer even more to clients – creating a powerhouse of financial planning in Northern Ireland.”
Managing Director at Miskimmin Wealth, Mark Miskimmin, said: “We chose Milecross because we wanted to become part of a much bigger holistic financial advice business, with a presence not only in Northern Ireland but also across the UK. It was a natural fit for the next stage of our journey, and Milecross was the perfect partner to make this happen.”
Miskimmin Wealth is the third business Milecross has acquired in 2024 as part of ambitious growth plans.
Chris Thorndycraft, Chief Commercial Officer at Milecross, said: “This is Milecross’s third acquisition of 2024 and, alongside our organic growth, we continue to look for further opportunities across the UK.”
“These acquisitions demonstrate that we are a trusted home for practices and advisers looking to realise value, become part of a bigger organisation, and offer enhanced services to clients. We expect to be able to confirm further deals in the coming months as we deliver on our national growth strategy.”
