The Private Office acquires SRLV Financial LLP
We are delighted to announce our acquisition of the wealth management division of SRLV Accountants, SRLV Financial LLP.
A London-based financial planning firm, SRLV Financial LLP has six staff, including two qualified financial advisers, and has provided independent wealth management advice to SRLV Accountants’ personal and corporate clients, mainly in the music, media, entertainment, hospitality and corporate sectors, since 2006.
This acquisition follows our 2016 purchase of PQR Financial Planning, which had 23 staff, including eleven advisers and four directors, and £250m funds under management, in a cash and equity deal, to create what was then a joint £8.5m business.
As a newly-combined business we now have an annual turnover of more than £12m and plans to grow to a £50m plus firm in the next five-ten years.
Our chief executive, Stuart Phillips, says:
“The SRLV Financial LLP deal strengthens our London presence and creates a platform for further growth.
There is considerable expertise at TPO and SRLV Financial and we are excited by the increased capacity to jointly deliver an exemplary service and the opportunity to grow the relationship with SRLV Accountants, to advise more of its clients.
“Our immediate plan is to grow TPO organically through the quality of our wealth management advice, but we are open to discussions with independent firms if there is a good fit, professionally and culturally.”
SRLV managing partner, Laurence Finger, says:
“We believe that SRLV Financial, as part of TPO, offers our clients the best possible range of services and expertise in the market today.
“We are very much looking forward to working with TPO in the months and years to come, and are confident that SRLV Financial will continue to provide a seamless, value-added financial planning service to complement our accountancy, business advisory and tax services.”
The SRLV Financial team have already moved into our London office on Carter Lane, and will continue to work closely with SRLV Accountants and use its Mayfair offices for client meetings.
We are thrilled to welcome the fantastic team to the company and are looking forward to working with them.