Wealth manager Brewin Dolphin has agreed to buy Bath-based Epoch Wealth Management.
Epoch’s 37 employees and managing partner Barry Newbury will join Brewin as part of the deal.
Their clients will also migrate to Brewin.
“Becoming part of an integrated wealth management firm like Brewin Dolphin will give our clients even more support; whether it’s insight from their central research function, head office support or financial support to grow the business,” Newbury noted.
The deal, whose financial terms were not revealed, is slated to close in the middle of this year.
The takeover will expand Brewin’s UK office count to 31.
The Queen Square Place office will serve as Brewin’s Bath office post deal completion.
Brewin Dolphin managing director of financial planning Nick Fitzgerald said: “Barry and his team have built Epoch Wealth Management into a successful business trusted by their clients.
“We’re so pleased that their advice-led team are joining us to continue their growth journey, and as one of the UK’s largest wealth managers we’re able to provide them with the resources they need to provide their excellent advice to more clients and to grow.”
Earlier this month, Brewin Dolphin entered into exclusive talks to acquire the wealth management operations of Investec Ireland.
