Walker Crips has absorbed the high net worth client book of a Yorkshire-based IFA.
The firm’s wealth management arm announced it would be scooping up assets from financial adviser MA Heap Limited.
A press release announcing the deal did not disclose the size of the client book but said it reflects the firm’s “drive to expand and grow”.
Last week Walker Crips announced it had swiped Tilney financial planner James Bonarius for its wealth management team.
MA Heap was incorporated in 2015, according to filings from Companies House. Named after founder Mark Heap, it is based in Beverly in East Yorkshire.
Walker Crips Wealth Management managing director Dominic Martin said the firm has a longstanding relationship with Heap who he noted has been advising clients for 30 years and has “tremendous experience and expertise”.
“We are pleased that he has put his trust in Walker Crips, to be the home for his clients, and to continue delivering excellent service to them,” Martin said.
As part of the deal Heap will transfer across to Walker Crips as a consultant to ensure a smooth handover and will also be involved in business development helping to enlarge the client base for the company, Martin added.
