Cumberland Place Financial Management will become part of 1825, Standard Life’s financial planning business as they expand their London presence. It will be business as usual until certain conditions are satisfied, including regulatory approvals.
Our directors, Tony Moss and Robert Goldschmidt, will continue to run the business post completion. Regarding the acquisition, Tony Moss said:
“We have built a strong business over 15 years by putting the client at the forefront of everything we do. 1825 share these values and I am confident that this acquisition will be a tremendous success, allowing us to build on our existing foundations and provide additional resource and expertise to our clients.
“We are delighted to become part of 1825 which will provide our clients with a fantastic service proposition as well as enhanced career opportunities for our employees.”
Julie Scott, 1825 CEO, said:
“I’m excited to welcome Cumberland Place Financial Management Ltd to 1825, they are a fantastic addition to the team. We have a strong connection as we are both passionate about the client and doing the right thing. As the demand for financial advice continues to grow in the UK we want to be able to offer the best service and proposition possible with a great set of experts to support them.”
The full press release can be viewed on 1825’s website here.
Please contact the team if you have any questions.