Walker Crips Wealth Management, part of Walker Crips Group, has acquired the client book of the financial advice firm MA Heap.
The financial terms of the deal were not disclosed.
The acquisition will add the bank of high net worth clients from MA Heap to the company.
Mark Heap, the current owner of MA Heap, will transfer across to the company as a consultant, ensuring a smooth transition of clients to Walker Crips.
M&A ambitions
Walker Crips has said it is on a “drive to expand and grow”.
Dominic Martin, managing director at Walker Crips Wealth Management, said: “Mark Heap has been advising clients for 30 years, and he has tremendous experience and expertise in the area of financial advice.
“We have had a longstanding relationship with Mark and we are pleased that he has put his trust in Walker Crips, to be the home for his clients, and to continue delivering excellent service to them.
“We are delighted to welcome Mark as a consultant to the company, personally ensuring that the transition will be smooth. Mark will also be involved in business development, helping to enlarge the client base for the company.
“This acquisition further signals our intent to continue to expand and grow the company.”