East Yorkshire financial planning business, Grennan Advisers, may be acquired by wealth manger Sanlam UK a great undisclosed amount.
Grennan Advisers was introduced in 2013 by Stuart Grennan and Helen Chapman, and specialises in providing holistic financial planning services for prime value individuals and corporate executives.
The deal will spot Sanlam UK acquire Grennan Adviser’s book of clients and 60 million of assets under management.
Mr Grennan and Ms Chapman is fine with Sanlam UK to back up the handover and integration of client relationships.
“Grennan Advisers is really a high-quality business which has an ethos of providing excellent service and delivering clients’ long-term financial ambitions. So, it quite definitely reflects our approach at Sanlam,” said John White, CEO of Sanlam’s wealth division.