Courtiers has bought Devon-headquartered financial advice firm Davidsons IFA for an undisclosed sum.
The deal adds £120m in funds under advice, taking total funds under management to roughly £1.1bn ($1.5bn, €1.3bn).
Davidsons’ managing director Craig Davidson and his team will continue to advise clients from the firm’s offices in Okehampton and Wadebridge.
Courtiers has offices in Oxfordshire, Derbyshire and Staffordshire.
Following completion, the wealth manager will have a total of 125 employees.
Jamie Shepperd, Courtiers’ chief executive, said: “[The firms] are a perfect match. We share a commitment to putting clients first, and doing business in a way that’s modern, while also representing the traditional values that we’ve both been able to build on over decades.
“Having met Craig and his colleagues, I know that they share the commitment that everyone at Courtiers has to make this a great success.”
Davidson added: “Courtiers is a natural fit for us. Their investment credentials are excellent, and their client-focus ethos means our clients will be well looked after”.
