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SJP partner firm makes second acquisition in two months

Deal allows the company to ‘provide a broader range financial services under one roof’

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The advice arm of Scottish law firm Gilson Gray has acquired Dunblane-based financial planning firm GCR Financial for an undisclosed sum.

As part of the deal, GCR owner Graham Robinson will join Gilson Gray Financial Management (GGFM) as a senior financial adviser.

He will be responsible for continuing to advise former GCR Financial clients, as well as existing GGFM customers. He will work closely with GGFM managing director Steve Herkes and managing partner Alastair Lindsay.

GGFM offers financial advice to private and corporate clients across the UK and is a senior partner practice of St James’s Place (SJP).

GCR also operated under the SJP umbrella.

Long-standing links

Herkes said: “GCR Financial has long established itself as a reputable and respected financial planning firm. While Graham has been in the industry 40 years this year, our links as a firm go back more than a decade.

“We felt that now was the optimum time to officially welcome him and his clients into GGFM. GCR Financial’s broad client base from across the central belt complements our own and means we can, collectively, provide a broader range financial services under one roof.”

The acquisition comes months after GGFM bought Glasgow-based advice company Westbourne Wealth Management for an undisclosed sum.

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