Atomos is growing its footprint with the purchase of Plymouth-based Shore Financial Planning and Reigate-based Define Wealth.
Shore Financial Planning was founded by Jon and Alison Treharne with the deal expanding Atomos’ presence in the Devon and Cornwall areas.
Jon Treharne, managing director at Shore Financial Planning, said: "Our business has been built on long-term relationships of trust, and Atomos shares this ethos.
“We are excited to join a firm with a strong South of England group of offices which is also a modern and progressive business, which matches our values.”
Meanwhile, Define Wealth was set up by Simon Wood-Woolley.
As part of the sale, Tim Johnson will also be joining the firm, who has experience serving high-net-worth clients in the south east.
The firms said the two businesses will be fully integrated into Atomos by the end of Q1 2024.
Wood-Woolley said: “With Define joining Atomos, we feel we are now part of a larger organisation with even greater resources and a shared ethos, while retaining the client-focused approach which stays true to who we are at the heart of the business.
“We think this will bring many benefits to our clients and allow us to grow and secure our business for the future.”
Atomos said these acquisitions form part of its growth strategy to not only add specialist financial advisers, but also to expand its geographical footprint.
The firm has a national presence with 15 offices throughout the UK.
Christopher Kraft, chief commercial officer at Atomos, said: “We see strong alignment in our philosophies and ways of working which make the businesses a good fit. This is an exciting time for Atomos as we scale up and grow.”
In September, Atomos bought North London-based financial advice business, Equanimity Independent Financial Advisers.
sonia.rach@ft.com
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