Johnston Carmichael Wealth has formally joined and rebranded to Partners Wealth Management following its acquisition last March.
Partners Wealth Management bought Johnston Carmichael Wealth, adding £855mn in assets.
Following the deal, Partners Wealth Management, part of the 7IM group, looked after combined assets totalling around £6bn on behalf of circa 5,500 clients.
The firms said the move marks an important milestone in Partners Wealth Management’s growth strategy to expand its regional presence.
Based across Scotland, has formally joined and rebranded to Partners is a financial planning and independent advice firm whose 14 financial planners advise on around £900mn of assets for approximately 1,300 clients.
Craig Hendry, managing director of Partners Wealth Management Scotland, said: “By uniting with Partners Wealth Management, we’re combining the strengths of two excellent firms to create a truly class-leading offering.
“Our clients and professional partners can expect even greater value, delivered with the same care, expertise and personal attention they’ve come to expect from us.”
Clients will continue to be supported by the same advisers and teams.
Partners Wealth Management now comprises 238 professionals overseeing more than £6bn in assets for around 6,000 clients.
Fiona Oliver, managing partner at Partners Wealth Management, said: “This is a proud moment for Partners Wealth Management, exemplifying everything we stand for — strong partnerships that lead to exceptional client outcomes.
“By uniting under the Partners Wealth Management brand, we are bringing together the depth of JCW’s expertise with the strength and support of our national platform, while preserving the personal relationships and bespoke service our clients value most.
“Together, we are better equipped than ever to help our clients achieve their financial freedom.”
sonia.rach@ft.com
