Aberdein Considine’s wealth division has transitioned to a new company, trading as AC Wealth.
Following formal approval by the Financial Conduct Authority, AC Wealth is now a separate legal entity to Aberdein Considine LLP, with both firms maintaining a close working relationship and Aberdein Considine retaining a majority interest.
The development sees long-standing financial planners Russell Anderson, Alan Davidson and Sam Goult appointed as shareholders. The firm’s team of 13 financial planners and 23 staff will transfer over to AC Wealth.
Jen Paice, CEO of AC Wealth, said: “This is an exciting next step for the firm and will benefit our clients and team, developing our financial advice offering of the highest quality that is synonymous with the Aberdein Considine brand.”
The firm said it plans to develop its financial planning service to more clients across Scotland.
Paice said: “For some time now, and in line with our client centric approach, our financial advice service has been transitioning from a traditional product-centric advice model, towards holistic financial planning, with a focus on clients’ broader financial goals and building lasting relationships with them, whether they require financial modelling, or advice on pensions, investments, estate planning or inheritance tax planning.”
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