Wealth management and professional services firm Wilton Group has acquired a Sipp provider and Sipp admin firm with a total of over £1bn in assets under management for an undisclosed sum.
The two firms that have been acquired are Hartley SAS and The Lifetime Sipp Company. Both are based in Bristol, and under the terms of the deal all 32 staff have become part of the wider Wilton Group.
Hartley SAS provides Sipp and SSAS administration, and has been established for over 30 years.
The Lifetime Sipp Company is a Sipp provider which offers its flagship Lifetime Sipp product through advisers.
Wilton Group founder Tony Flanagan says: “Some time ago, we decided to diversify our traditional professional services offering by creating a more broadly based financial services business. These acquisitions are a significant step in that direction. They allow us to offer our clients a wider and more varied choice of financial solutions.”
Harley SAS chief executive Denis McHugh says: ”This is an exciting new chapter for Hartley SAS, which allows us to fulfil the business’s potential but more importantly add value to Wilton’s client offering.”