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davy buys belfast based advisory firm

15 Jan 14

Davy Private Clients‚ a division of the well-known J&E Davy stockbrokerage‚ has acquired Square Seven Financial Planning.

Davy Private Clients‚ a division of the well-known J&E Davy stockbrokerage‚ has acquired Square Seven Financial Planning.

Established in 2005 by founding partners David Rea and Sam Curry, Belfast-based Square Seven provides independent advice in Northern Ireland to private, corporate, trusty and pension clients.

Both Rea and Curry will join Davy’s existing Belfast-based private client team upon completion of the acquisition.

Davy chief executive Tony Garry said: “In Square Seven Davy is very pleased to have the opportunity to acquire a high quality business, with an accompanying team of experienced financial advisors. We look forward to welcoming Square Seven clients and team to Davy Northern Ireland, and to building on the good relationships that have been established through the years.”

Garry added Davy had invested £33m (€40m) in its operational infrastructure over recent years and added more than 100 staff to its UK and Ireland offices.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.