Wealth management firm expands with acquisition of Yorkshire business

A wealth management company has grown its Yorkshire footprint with its latest acquisition.

G+E Wealth Management has acquired HKA, which has offices in York and Leeds, for an undisclosed sum.

All staff will remain in the business with seven financial planners moving across to strengthen the G+E Wealth Management team, bringing the total number of financial planners to 20.

Rob Simpson, managing director at G+E Wealth Management, commented: “We are delighted to complete the acquisition of HKA which makes us one of the largest privately owned advice firms in the region.

“It will be business as usual for both of our clients at HKA and G+E Wealth Management who will benefit greatly from the combined expertise and knowledge of our teams and provide access to Garbutt + Elliott’s wider accountancy services.

“HKA is an impressive firm with an excellent reputation and I’m looking forward to welcoming David and his team to the group.”

David Booth, director at HKA, added: “This is an incredibly positive and exciting step for everyone associated with HKA, especially our clients and employees. G+E Wealth Management share our core values and client centred ethos, and we are thrilled to become part of the Garbutt + Elliott group.

“Our clients will continue to experience a seamless and bespoke service from our Financial Planners. Combining our strengths will allow both our clients and employees to benefit from the considerable additional resources and enhanced support available as part of the Garbutt + Elliott group.

“We are looking forward to being part of their continued growth journey to be the best regional financial services team.”