MKC WEALTH COMPLETE THE ACQUISITION OF WIMBLEDON-BASED FINANCIAL PLANNING FIRM

MKC Wealth, a growing wealth management and financial planning firm, has recently completed the acquisition of Holborn Financial, a chartered financial planning company based in Wimbledon. The financial details of the transaction remain undisclosed.

As part of this acquisition, the team at Holborn Financial, consisting of four financial planners and five support staff, has now become part of MKC Wealth. They will continue to operate from their existing Wimbledon office.

Founded in 1988 by Emyr Blease, Holborn Financial specialises in providing financial advice to business owners, self-employed professionals, and those planning for retirement. In recent years, Holborn Financial had also carried out several acquisitions of its own, primarily from retiring principals.

Following the merger, the business has been rebranded as MKC Wealth, and Emyr Blease, the former managing director of Holborn Financial, has joined MKC Wealth as a director. He will concentrate on supporting the acquisition of clients from retiring principals of advisory businesses.

Dominic Rose, the CEO of MKC Wealth, stated, “Our strategy of controlled expansion through acquiring businesses that share our values and ethos continues, especially those of retiring financial advisors. The opportunity to merge with the Holborn Financial team presented itself, and after getting to know them and their approach, it became evident that our outlook and philosophy aligned.”

Emyr Blease commented, “We have successfully built a business catering to discerning private clients, individuals managing their own businesses, and those planning for a comfortable retirement. This strategic move benefits all parties involved.”

This acquisition marks MKC Wealth’s seventh in 2023, solidifying its position as a significant player in the industry. With a team of 26 financial planners and a total workforce of 90 spread across three offices, MKC Wealth now oversees assets totaling approximately £1.5 billion. In 2021, the firm had also acquired the advisory division of the financially troubled Lighthouse group from Quilter.

MKC Wealth is supported by private equity firm Cabot Square Capital, which holds ownership in various businesses, including Key Retirement Solutions.

If you’d like a confidential, obligation-free discussion about selling or acquiring a Wealth Management / Asset Management business, please click here, alternatively contact us at 0207-043-4300 or email us.