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IFA firm bolsters UK footprint with acquisition

By Robbie Lawther, 12 Oct 20

Deal will bring the company’s assets under advice to over £700m

Norwich-based Lucas Fettes Financial Planning has acquired the business of Andrew Dickson Limited.

The firm is based between Diss and Bury St Edmunds and will add to Lucas Fettes’ national footprint, further strengthening its presence in the east of England.

The acquisition will bring Lucas Fettes’ assets under advice to over £700m ($911m, €772m), while Kevin Froggatt will join the board of Lucas Fettes.

Mark Brown, Lucas Fettes managing director, said: “We are growing the business by attracting like-minded professionals that want to work as part of a truly independent firm where the client’s interests are paramount.”

The financial terms of the deal were not disclosed.

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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.