SearchHURST advises FMB on its sale to Finitor Wealth
HURST has advised the shareholders of financial advisory firm Financial Management Bureau (FMB) on the sale of the business to Finitor Wealth, a financial planning and wealth management group.
“We’re delighted to have been afforded the opportunity to act for the shareholders of FMB on the sale to Finitor, which gives the business a platform from which it can enjoy a prolonged period of growth and prosperity.”
FMB is a second-generation family business with eight advisers in Kendal, Cumbria, and more than £250m of assets under advice.
Max Perry, of HURST Corporate Finance, and Sarah Haley, of HURST’s tax team, advised FMB on the transaction.
Max said: “We’re delighted to have been afforded the opportunity to act for the shareholders of FMB on the sale to Finitor, which gives the business a platform from which it can enjoy a prolonged period of growth and prosperity.”
Finitor was founded in 2018 and, through its regional partner firms, provides independent financial advice to individuals, families, and businesses, who need objective assistance in organising their financial affairs to achieve financial and lifestyle objectives.