Brown Shipley expands with its acquisition of The Roberts Partnership

12 October 2016

Brown Shipley, experts in wealth planning, investment management and private banking, is pleased to announce that it has reached an agreement to acquire The Roberts Partnership. Based in Manchester, The Roberts Partnership is a financial planning and wealth management company. The Roberts Partnership consists of 7 advisers and has £450m FUM.

The acquisition of The Roberts Partnership, a successful financial planning and wealth management business, is part of Brown Shipley’s strategy to build and deliver a leading financial advice proposition for its clients. The Roberts Partnership will further enhance Brown Shipley’s regional presence and its wealth planning service to clients. The Roberts Partnership has a national presence with particular expertise in wealth planning.

The acquisition will complete on 1 November 2016. Once completed, The Roberts Partnership will become a subsidiary of Brown Shipley and will ultimately join its Manchester office based in Spinningfields, Hardman Street.

With a heritage spanning over 200 years, Brown Shipley provides investment management, wealth management and private banking services to a range of clients. It is a UK authorised bank and is part of KBL European Private Bankers (KBL epb), a leading European private banking network operating in 50 cities across eight European markets.

Commenting on the acquisition, Ian Sackfield, Chief Executive Officer at Brown Shipley, said: “I am pleased to announce today’s acquisition of The Roberts Partnership. Following on from our acquisition of Hampton Dean last year and KBL epb’s acquisition of Insinger de Beaufort, it further supports our growth plans, particularly in terms of enhancing our wealth planning proposition to meet the current and future needs of our clients. The two businesses have natural synergies, in particular a shared emphasis on leading with advice for clients, so I am confident the new team will make an important contribution to Brown Shipley and its future success.”

Tony Antczak, Chairman at The Roberts Partnership, said: “Brown Shipley and The Roberts Partnership are an excellent fit. Both firms have highly skilled people providing their clients with wealth planning and investment services. We are excited to be joining Brown Shipley; it is a business with clear growth plans and a vision for the future. Joining Brown Shipley means we will be able to offer clients an even wider range of services and will enhance career opportunities for employees.”