Carpenter Box Financial Advisers expands with acquisition of Ammonite Wealth client book

Carpenter Box Financial Advisers (CBFA), which has offices throughout Sussex, has acquired the private client book of London-based wealth management company Ammonite Wealth, representing a strategic investment in its future growth and prosperity.

The book comprises affluent individuals who pay annual fees for advice on financial issues such as cash management, tax, investments, retirement and later life planning.

Roy Thompson, partner and head of financial services at CBFA, said: “Ammonite Wealth has taken impeccable care of its private clients over the years so, when considering the sale of its financial advisory clients, it needed a buyer that would show the same level of dedication.

“We have many synergies with Ammonite Wealth when it comes to private advice. What’s more, we also have our sister practice Carpenter Box on hand for accountancy services, enabling us to offer a comprehensive package under one roof. 

“We were looking to expand our business and our commitment to client care is second to none, so the timing was perfect.”

The average age of CBFA’s newly acquired clients is 47, young in industry terms. This represents a big growth opportunity for the company to provide products, services and financial advice over their lifetime.

Some of CBFA’s new clients live locally, with others spread across the South of England and London. It has assembled a top team of professional advisers with many years of experience and expertise to service them, which Roy oversees.

Rob Harradine, co-founder of Ammonite Wealth, added: “It’s been a pleasure getting to know the team at Carpenter Box Advisers and we know they will take great care of the clients.” 

To find out more about the services on offer and how Carpenter Box Financial Advisers can help you make the most of your finances, please call 01903 234094 or visit their website.

www.carpenterboxfa.com