If you have any questions or would like to get in touch, submit a call back request and our team will contact you as soon as possible or call us on 020 7499 6424 or email us at [email protected]
Brooks Macdonald to acquire Lucas Fettes Financial Planning
Long-standing relationship culminating in acquisition
Brooks Macdonald Group is pleased to announce the acquisition of Lucas Fettes Financial Planning, an award-winning, Norwich-based financial planning provider. Completion is subject to regulatory approval which we expect to be no later than Q1 2025.
Lucas Fettes has c.£890m assets under advice (AUA) in total, spread across 1,600 personal clients, plus c.£300m “Assets under Influence” from more than 300 corporate and employee benefits clients. The business has seen significant growth in AUA in the last five years.
Lucas Fettes will be integrated into Brooks Macdonald’s Direct Wealth business and will enhance the Group’s financial planning capability. It brings a strong presence in a geographical area where there is opportunity to grow.
In 1996, Lucas Fettes was one of the very first IFAs to outsource part of their investment management to Brooks Macdonald and the relationship has continued ever since, with Lucas Fettes one of the Group’s Top 10 introducers.
Enquiries to:
Brad Ryan, Senior PR Manager
[email protected]
Direct: 020 7659 5837
Mobile: 07563 764 953
Notes to editors
Brooks Macdonald Group plc, through its various subsidiaries, provides leading wealth management services in the UK. The Group, which was founded in 1991 and began trading on AIM in 2005, had discretionary FUM of £18.0 billion as of 30 June 2024.
Brooks Macdonald offers outsourced discretionary investment management for intermediaries and advice-led integrated wealth management for private clients. The Group also acts as fund manager to a range of multi-asset funds. The Group has a strong local presence across the UK.
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or email us at: [email protected]