• In September 2024, Brooks Macdonald acquired Lucas Fettes & Partners (Financial Services) (“Lucas Fettes Financial Planning”), an independent financial planning business headquartered in Norwich and with East Anglian strength, subject to FCA approval, which was obtained in November 2024
• Lucas Fettes Financial Planning was Adviser Firm of the Year in the 2021 Professional Adviser awards and is a Chartered Firm with around £890m in assets under advice and serving around 1,600 clients. It also has around £300m AuA for more than 300 corporate and employee benefit clients
• The company was formed in 1980 as part of a larger group including an insurance broking business which was separately sold in 2016. It made two acquisitions, in 2015 of Waveney McKenna and in 2020 of Andrew Dickson, as part of its growth
• The business has a long association with Brooks Macdonald, having first outsourced part of its investment management to them in 1996, and it remains a leading introducer
• Our role included identifying the buyer and advising on the structure and terms of the sale

“We are grateful to Asgard for their support and advice on the sale. They undertook a thorough market appraisal and it is pleasing to have concluded a deal with their help that is the right outcome for our business.”
Mark Brown, Managing DIrector, Lucas Fettes Financial Planning

Please click here for the press release