Thistle Initiatives supports One Four Nine Group on its acquisition of 1st Chartered Financial Planning
Our client One Four Nine Group, a nationwide, independent financial advice and investment management group, has announced its acquisition of 1st Chartered Financial Planning.
The Investments team at Thistle Initiatives was engaged by One Four Nine Group to undertake acquisition due diligence on 1st Chartered Financial Planning, a business offering lifestyle financial planning and wealth management services to people across the country.
Following the acquisition, 1st Chartered Financial Planning has been rebranded to One Four Nine Wealth Limited. The launch of One Four Nine Wealth, the financial advice arm of One Four Nine Group, is a significant step in the firm’s progression as it integrates and rebrands all locations into a unified identity. One Four Nine Wealth will operate alongside One Four Nine Portfolio Management, forming one of the UK’s leading wealth advisory firms with in-house Discretionary Investment Manager (“DIM”).
The transaction marks One Four Nine Group’s ninth acquisition since launching in October 2021 and expands its nationwide footprint further into the Northwest region, having acquired Rice Whatmough Crozier and Charter Financial Planning previously. The addition of 1st Chartered Financial Planning to One Four Nine Group will increase the number of advisers in the Group to 36 and the client numbers to nearly 4,500.
Alex Paschalis, Investments Director at Thistle Initiatives said: “We would like to congratulate Gabrielle Beaumont and the One Four Nine Group team on this most recent acquisition of 1st Chartered Financial Planning. Continuing to work with One Four Nine Group over the years has been a pleasure and we look forward to future collaborations”.