Advise-led wealth manager Atomos has bought north-London-based Equanimity Independent Financial Advisers Limited for an undisclosed sum.
Equanimity was founded in 2004 by chartered financial planner Helen Howcroft with the aim of bringing a holistic approach to clients’ finances.
Its 12 employees place a specialist focus on offering advice and empowering predominantly female, high-net-worth clients and business owners across financial planning, wealth management, and financial protection.
Atomos will work closely with Howcroft and her team to deliver inclusive advice services, focusing initially on enhancing services for clients experiencing significant life changes.
The business will also look to increase its offer to people who typically may not have accessed financial advice, in line with the FCA’s focus on improving outcomes for under-served or vulnerable consumers.
Atomos chief commercial officer Chris Kraft said: “We are delighted to welcome Equanimity into our business. This is a key strategic acquisition for Atomos and will allow us to leverage Equanimity’s expertise in specialist advice and roll it out nationally across our regional offices.”
Howcroft added: “In Atomos we have found a partner who shares our ambition and can help our team to develop client relationships free of the increasing burdens placed on advice businesses.”
Legal advice to Equanimity was provided by Schofield Sweeney:
Daniel Bisby commented, “Working with Helen was an absolute pleasure. This acquisition, and the combined offering of Equanimity and atomos will be fantastic for clients from both sides, and I’m sure will be a great success for all involved.”