Merger of two strong brands
We’re proud to announce that The Smith & Pinching Group Limited has acquired Almary Green Investments Limited.
This latest move follows on from the two firms combining operations in October 2018, when the Almary Green team relocated from their Thorpe base to the Smith & Pinching offices in Aylsham Road, Norwich. Group Managing Director, David Hughff, explained: “This is a natural step for the two firms to take. The eight months we have been working alongside each other have reinforced our original belief that we share the same ethos and culture, so we are ready to become a single firm. We welcomed the AGI staff who have added another layer of experience and knowledge to our existing team.”
Carl Lamb, Almary Green’s Managing Director, has joined the board of both The Smith & Pinching Group Limited and Smith & Pinching Financial Services Limited. He said, “I’m delighted that we have brought the proposed merger to fruition: it will give the combined group capital, improve the depth of resources and capability to allow us to continually expand and refine what we already do.”
The firms have already streamlined and integrated their back-office systems as part of the collaboration in October and no staff roles have been affected by the merger of the firms. Both individual and corporate Almary Green clients have access to a broad range of services including Smith & Pinching’s Discretionary Investment Management service.
The Group’s directors are certain that the deal will see the merged firm build on the solid platform that has existed for a number of years. Combining the two largest Chartered Financial Planner firms in the area gives added strength to the stability clients currently enjoy.
The S&P Story so far…
Smith & Pinching was founded in 1973 by Barry Pinching and Gerry Smith, so we’ve been providing independent financial advice to individuals and businesses in East Anglia for over 46 years. David Hughff and Scott Pinching took over the running of the Company in the mid 1990’s and were an integral part of the firm becoming the first Chartered Financial Planners in Norfolk in 2009 – the highest designation for firms of financial advisers, setting the bar high for standards of advice in the local area ever since.
In recent years, we have acquired a number of associated businesses including RJL IFA Ltd, Frary Financial Planning Ltd, Park View Chartered Financial Planners and now Almary Green Investments Ltd. Scott Pinching, Finance Director said “We’re open to making further suitable acquisitions and to recruiting to grow our team of support staff and advisers whilst still retaining that family feel to the business.”