Old Mutual Wealth Private Client Advisers (OMWPCA) has acquired DG Pryde Ltd.
DG Pryde is based in Duns, outside Edinburgh, with the majority of clients located in London and the South East. Having founded the firm in 2005, director Douglas Pryde is now looking to wind down, said the firm.
Old Mutual Wealth Private Client Advisers was established in 2015 and employs over 50 financial advisers across the UK. The acquisition adds £200 million of assets under advice to the national financial planning business.
“This is a fantastic opportunity to grow our business and give DG Pryde’s clients continued access to quality, face-to-face financial planning. As a firm that has focused on providing a personalised service, DG Pryde is a good cultural fit with Old Mutual Wealth Private Client Advisers,” said Dominic Rose, director at Old Mutual Wealth Private Client Advisers.
Old Mutual Wealth Private Client Advisers is part of Quilter and an appointed representative of Intrinsic.