Independent financial planning firm Colmore Partners has completed a deal for advice firm Clear Solutions (Financial Planning) Ltd for an undisclosed sum.
The deal extends its presence in the Midlands and further grows its portfolio of clients.
Warwickshire-based Clear Solutions specialises in retirement solutions and investment planning. The fully independent firm was founded 20 years ago by Tony Wynne, who has joined Colmore Partners as a consultant during the transition process.
Richard Meek, managing director of Colmore Partners, said: “We are very pleased to have completed this acquisition. Tony Wynne has built a loyal client base over many years and wanted to make sure that they are serviced by a firm that will act in their best long-term interests.
“He had the option to sell the business to a large financial institution but chose Colmore Partners due to our reputation for doing things properly, with a proposition and level of service to match.”
Established in 2021 by Meek and Wendy Fellows, Colmore Partners has more than £400m ($471m, €457m) of client assets under advice. It is an appointed representative of Schroders’ subsidiary Benchmark Capital.
