Medical Money Management specialises in financial advice for medical and dental professionals, and will now merge its 16 partners and 64 employees with Chase.
Stephen Kavanagh, Chase de Vere chief executive, said the acquisition was a big step forward in the firm’s plans to be a leading network of independent financial advisers.
“Chase de Vere is a secure and profitable independent financial advice company. We are aiming to grow our business and so I’m delighted that we will acquire Medical Money Management,” he said.
“We share many similarities with Medical Money Management, including expertise in advising the medical profession, a strong focus on putting clients first and a commitment to remaining independent and providing independent financial advice to our clients.”
The deal is expected to be finalised on 23 October and comes after a review of Medical Money Managment’s infrastrucure.
Craig Watson, equity partner at Medical Money, said: “It is imperative for us that we remain independent, we did not want to join a restricted advice firm. This is why we are delighted to be joining Chase de Vere, a firm which is as committed to providing quality independent financial advice as we are.”
