Financial Planner and part of the Schroders Group, Benchmark Capital has acquired Sussex-based Champain Financial Services for an undisclosed sum.
IFA firm Champain has been using Benchmark’s technology including the integrated practice management, platform and client portal since 2011.
A full alignment to Benchmark Financial Planning will take place over the next twelve months.
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Ed Dymott, managing director wealth at Benchmark, said: “There’s a lot of options in the market for firm principles to look for succession planning, so we’re pleased that Champain have chosen Benchmark as a stable and secure partner for their staff and their clients.
“Having already worked with Mike and his team for several years, there’s a strong alignment of values, and the transition will be smooth as our technology is already embedded in the business.”
Mike Champain, managing director at Champain Financial Services, added: “Our top priority was to ensure that our clients continue to receive the high level of personal care they have come to expect. In Benchmark, we knew we had a partner who not only understands this priority but also places it at the heart of their service.
“They’ve been around for over 30 years, and with 200 years of Schroders history behind them it gives me confidence that they’ll continue to look after our clients, and their families, for years to come.”