SALTUS ACQUIRES LONDON-BASED CHARTERED IFA

Saltus Group has acquired independent Chartered financial planning firm Higgins Fairbairn Advisory (HFA).

The deal is the third acquisition in less than a year for Saltus – in September 2021 the firm acquired Fish Financial and in March 2022 it acquired NSL Wealth. The acquisition will bring staff numbers at Saltus to over 120, and assets under management to £2.3bn. HFA staff will move into Saltus’ four offices in London, Solent, Bournemouth and Farnham.

Gianpaolo Mantini leads the advisory business at Higgins Fairbairn which was spun out from accountancy practice Higgins Fairbairn & Co, he will become a partner at Saltus.

Mantini said: “From our early discussions with Saltus, it was clear that a merger with them would provide a great fit for our business and our clients. We have always embraced technological change, however, to get more out of technology and to deliver a ‘state of the art’ financial advice proposition to our clients. We needed greater flexibility and responsiveness, so we are delighted to have become part of the Saltus Group.”

Managing partner at Saltus, Jon Macintosh, added: “Gianpaolo and the team at HFA are a great fit for Saltus and we are delighted to welcome them on board. Not only do they share our goal-based approach to financial planning – placing the client at the heart of everything they do – but their well-established presence will really complement our financial planning services offering, enabling us to reach far more clients across the UK.”

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