Wealth management specialist Verso Group has acquired Everlong Wealth, a chartered financial planning firm with offices in Derby, Ashbourne, Birmingham, and Nottingham.
Founded in 2003, Everlong manages more than £350m in client assets and provides wealth management and financial advisory services to businesses and individuals.
The firm’s 12-strong team includes six Chartered Financial Planners. Following the acquisition, managing director Paul Hamilton and the advisory team will join Verso, while chair Richard Garside and Director Jakki Grogan will leave the business.
Simon Redgrove, managing director of Verso’s advisory business said: “I’m pleased to welcome Paul and the Everlong team to Verso. Our businesses are closely aligned in how we work and the values we hold, which makes this a strong fit. Being recognised recently as the UK’s top financial advice firm by FT Adviser hasn’t changed our focus. We’re still working to be the first choice for clients seeking advice and for high-quality advisory firms looking for a long-term partner. Our model is built around clients, with a clear investment approach and centralised administrative and regulatory support, so our advisers can focus on what they do best.”
Paul Hamilton, managing director of Everlong said: “Joining Verso represents an exciting new chapter for our clients and team. With our shared commitment to excellence, it was an easy decision to make. Verso’s client-centric business model, with its focus on quality financial planning, will free us to concentrate on what we do best – providing our clients with outstanding advice, innovative investment solutions and exemplary service.
“Our clients will have access to a wider range of investment solutions, and our colleagues will have opportunities for professional development and advancement across the Group. It’s win-win all around so we look forward to contributing to Verso’s growth across our region.”
