Oakglen Wealth has acquired Jersey-based financial planning firm Homebuyer Financial Services Limited (HBFS).
HBFS’s services include pensions, investments, protection and mortgage advice.
The move will expand Oakglen Wealth’s offering to include financial and retirement planning, alongside its core wealth and investment management services.
As part of the transaction, Michael Barney, Managing Director of HBFS, and Marzena Dziewulska, Director and Partner of HBFS, will assist the business in an “advisory capacity” for a transitionary period.
All other HBFS staff members will continue to be employed by the business.
Jamie Crawford, Head of Wealth Management at Oakglen Group, said the firm’s goal had “always been to provide clients with the highest quality advice”.
“Bringing HBFS into the Oakglen Wealth group allows us to extend our services to include expert financial and retirement planning, while staying true to our core values of independence and personalisation,” he added.
“We look forward to welcoming the HBFS team and I look forward to working with Michael and Marzena to achieve a smooth handover.”
Mr Barney said: “We are delighted that the sale of HBFS to Oakglen has completed. This is great news for HBFS clients as Oakglen will offer fresh solutions.
“I have personally looked after a number of clients for many years and I am excited to continue to work with Oakglen Wealth and HBFS going forward.”
