A Poole based wealth management company have acquired more than 1,500 new clients from a former IFA, Ian Hunter, formerly of Quay Asset Management in Salisbury, for an undisclosed sum.
Smith Hobbs Wealth Management have taken on the client base largely consisting of Wills, Trusts and alternative estate planning strategies to minimise the inheritance tax liabilities of local families seeking to protect their investable assets and properties. Ian said “over the past decade I have helped protect millions of pounds, legitimately, from the taxman and I am pleased that Matt is able to continue my legacy to help local families benefit from professional advice”.
Smith Hobbs Managing Director, Matt Smith, is a Law Graduate and accredited as both a Chartered Financial Planner and Chartered Wealth Manager and so is well qualified to ensure that the clients are advised in a holistic manner to make the most from what they have as part of a full review.
This acquisition has led the firm to benefit from the expertise of the Countrywide Tax and Trusts Corporation, which are members of STEP, the global professional association for practitioners which specialise in family inheritance and succession planning, and which were recently commended as a Best Practice Representative in the prestigious Parliamentary Review. Matt added, “this is the perfect result for our clients when considering that we can assist with both investment and inheritance tax strategies, ensuring that we minimise the potential for tax liabilities whilst maximising growth during the lifetime of our clients, especially when taking into account wider financial planning requirements around pension provision and ISA efficiencies”.