Prosperis Ltd, the Harrogate-based Independent Financial Adviser, has acquired AJ Hird Ltd, the Skipton-based financial services business, for an undisclosed fee.
AJ Hird was established 20 years ago and is a leading IFA business in the North Yorkshire market town.
Paul Meehan, chairman of Prosperis, said: “We believe this is a great deal for the clients of A J Hird. We will preserve and enhance the personal service being currently provided and look forward to welcoming all their clients to the group in due course.”
Chris Cundell, Managing Director of AJ Hird, will continue to lead the business and said: “This increased scale creates a positive platform for the future for all our clients, large and small. I am personally looking forward to working with Prosperis as they will deliver additional services to the benefit the business.”
Niall Gunn, Managing Director of Prosperis, said: “This is the third of four deals in our acquisition pipeline, and we welcome our new colleagues at AJ Hird to the Prosperis family. Ashley McCartney will be seconded from Harrogate to support Chris in developing the Skipton business further.”
Prosperis Ltd was formed in 2002. The deal brings a further £40m of assets under their control with the business now managing assets in the excess of £300m.
