Member Article

Jones Sheridan acquire Crewe-based financial services firm

A financial advisory firm based in Crewe has acquired competitors Mike Taylor Financial Services, and increased its funds under influence to approximately £250m.

Jones Sheridan Financial Consulting has taken on ownership of Mike Taylor, which was based in Haslington near Crewe, after a series of other acquisition deals this year.

Earlier in 2012, the company also acquired Warrington-based K F Garner Financial Consulting, and the finance arm of Brown & Corbishley Solicitors, based in Newcastle-under-Lyme.

Commenting on the deal, the owner of the acquired firm, Mike Taylor, said: “The Retail Distribution Review (RDR) deadline is a matter of weeks away and is forcing big regulatory changes on the market for Independent Financial advisers.

“We wanted to feel confident that our clients will be receiving the best possible financial advice and support post RDR and so took the decision to partner with a business which is already RDR ready.

“Jones Sheridan Financial Consulting was the perfect choice. They have been established more than 30 years and have built a reputation for offering top quality advice and delivering an exceptional service across the region.”

Dave Williams, managing director for Jones Sheridan, added: “This year has been extremely fruitful in executing acquisitions and with the Retail Distribution Review just around the corner we expect this to continue into next year.

“We look forward to working with Mike Taylor during this period of transition and wish him all the best for the future.”

This was posted in Bdaily's Members' News section by Miranda Dobson .