Advanta Solutions continues its acquisition strategy

Beech Tree’s Advanta Solutions continues its acquisition strategy and today announces a trio of acquisitions for its Glasgow office. Advanta is a fast-growing,multi-faceted wealth management business with offices in London and Glasgow and providing financial planning services for a broad spectrum of clients.

Advanta has concluded a further three acquisitions in quick succession as part of its growth strategy, adding £100m AUM in the process and opening an office in Dundee.

SMG Financial Options, Ann Bellingham Financial Services and M&I Independent Financial Services now contribute to Advanta’s footprint in Scotland adding to the existing business based in Glasgow.

Craig Webster, CEO of Advanta, commented “As we continue to grow our business across the UK, we are delighted to have three fantastic businesses join our team and reinforce our commitment to delivering advice in Scotland.  With the new Consumer Duty coming into effect in July next year, firms everywhere are considering the needs of their customers and understand that joining Advanta, where we have a wider range of products and services, is a core requirement for providing financial advice now and in the future. Raising the standards of advice and service in the UK is central to our strategy of creating a professional environment for our clients.”