Two of Marketing Stockport’s financial sector members have now completed a deal which will see Prest Financial Planning’s funds under management increase from £200m to £250m, a move initially reported here in November – read more.
Prest have now formally acquired the financial planning department of Stockport based Accountancy practice Booth Ainsworth for an undisclosed sum, a move which is in line with Prest’s intention to grow it’s services throughout the region while Booth Ainsworth will concentrate on its core accountancy services.
Graham Prest, Managing Director of the business founded by his father over 50 years ago, has worked closely with Booth Ainsworth for several years and sees this as an ideal partnership where the two businesses will continue to work closely together to their mutual benefit.
Speaking in November last year, Senior Partner at Booth Ainsworth David Powell sees this as a win-win for both companies:
“We opted for a future relationship with Prest Financial and needed people we could trust to put our clients’ interests first”.
David commented further that they had been approached by several other IFA businesses before carefully selecting Prests as their Financial Planning partners.
Pictured Left and left to right are Mark Livesey, Graham Prest David Powell and David Eddleston
Former Booth Ainsworth adviser David Eddleston & his administrator colleague Kim Jones have joined the
Prest team and relocated to the Prest Financial offices in Hazel Grove.
Prest Financial are not a traditional Financial Adviser business. They concentrate mainly on specialist guidance in the areas of Lifestyle Planning, Wealth Management, Retirement Provision, Trusts and Inheritance Tax mitigation and like Booth Ainsworth themselves have a very strong service ethic and a reputation for putting their client’s interests first.
Marketing Stockport are delighted to see two of their members connecting their businesses in this way and wish both every success in their new venture.