Brown Shipley, a Quintet Private Bank, has completed the integration of NW Brown & Co.

As a result, NW Brown’s Cambridge office will become Brown Shipley Cambridge and NW Brown in Norwich will convert into Brown Shipley Norwich.

This is a segment of Brown Shipley’s overall growth plan to add scale and uncover regional opportunities.

The acquisition was announced on 20 June 2019 and adds to Brown Shipley’s existing offices across the UK.

Alan Mathewson, CEO of Brown Shipley said, “I am delighted to welcome our colleagues in the Cambridge and Norwich offices into our business, led by, Oliver Phillips, Head of Office, Cambridge & Norwich. This region is a hotbed of innovation and entrepreneurialism and this acquisition provides significant opportunities for us to grow here.

“I would also like to thank colleagues who’ve worked so tirelessly to ensure that, despite the COVID-19 pandemic, this integration was delivered according to our original timescales.”

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Oliver Phillips, head of Office, Cambridge & Norwich, added: “This is a very positive development for everyone associated with NW Brown. As part of Brown Shipley, our clients are already starting to benefit from access to a broader range of services. We look forward to working together as part of a company with a rich history as we look to expand our business over the coming years.”

NW Brown was founded in 1974 working predominantly with private clients to offer financial planning and investment management services.

The deal increases Brown Shipley’s AuM to £9bn and NW Brown can access Quintet’s expertise across Europe.

In February 2020, Brown Shipley appointed Michelle Coulson as a client director in its London office.

Coulson’s responsibilities will include developing new client relationships alongside a front office team of advisers and support colleagues.

Since 1996, Coulson has worked in the financial services industry holding roles in financial planning, mortgages and wealth management. She is qualified in both QCF level 6 and MSCI Chartered.