Acquisition of Lucas Fettes completed

Brooks Macdonald Group PLC

02 December 2024

 

Brooks Macdonald completes acquisition of Lucas Fettes Financial Planning

London, 2 December 2024

Further to the announcement on 17 September 2024, Brooks Macdonald Group today announces that it has completed the acquisition of Lucas Fettes Financial Planning, a Norwich-based financial planning provider.

Lucas Fettes will be integrated into Brooks Macdonald's Direct Wealth business. The acquisition will enhance the Group's financial planning capability and enhance its presence in East Anglia.

Andrea Montague, Chief Executive Officer of Brooks Macdonald, commented:

"I'm excited to formally welcome our new colleagues into the Group expanding our expertise in financial planning to serve more clients across the UK."

Mark Brown, Managing Director of Lucas Fettes, commented:

"We are delighted to have joined Brooks Macdonald and look forward to supporting future growth as part of their developing high-quality financial planning division." 

Further information can be found here.

-ENDS-

Enquiries to:

 Misha Bayliss, Teneo

[phone]

Oscar Burnett, Teneo

[phone]

About Brooks Macdonald

Brooks Macdonald is one of the UK's leading wealth management firms, recognised for investment performance and client service. The company offers leading multi asset investment services to intermediaries and high-quality financial planning advice to private clients, benefitting from a strong local presence across the UK.

Brooks Macdonald Group plc was founded in 1991, began trading on AIM in 2005, and had discretionary FUM of £17.9 billion as of 30 September 2024.

 

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