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Nottingham IFA boosts assets to £400m with double acquisition

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Nottingham IFA boosts assets to £400m with double acquisition

Nottingham-based Sterling McCall Wealth Management has boosted assets under advice by £400 million after purchasing two advice firms.

The East Midlands IFA has bought IFAs Bromley & Coe and Meridian Financial Management.

The acquisitions add £50 million of assets under advice to Sterling McCall which bought Sutcliffe Solloway Financial Planning in April last year to bring assets to £290 million.

Stephen Moseley (pictured), managing director of Sterling McCall, said: ‘Both companies are a good fit for our network. [Bromley & Coe ‘s directors] Brent Bromley and John Coe will work from Sterling McCall’s recently opened Grimsby office established following the purchase of Sutcliffe Solloway last year.

‘We now have hit over £400 million in assets under management and Sterling McCall expects to complete further acquisitions shortly.’

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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