Gilson Gray Financial Management acquires GCR Financial in seven figure deal

The investment arm of one of Scotland’s most prominent law firms has completed a further acquisition – the second in as many months.

Gilson Gray Financial Management (GGFM) has acquired Dunblane-based holistic financial planning firm, GCR Financial, for a seven-figure sum.

As part of the merger, Graham Robinson, the former owner of GCR Financial – which specialised in managing family wealth – will join GGFM as a senior financial adviser. In this role, he will be responsible for continuing to advise former GCR Financial clients, as well as existing GGFM customers. Graham will work closely with GGFM MD Steve Herkes and firm managing partner Alastair Lindsay.

The onboarding strategy will include an introduction to the wider range of services available through the law firm, and full integration with the GGFM client servicing framework. This means that former GCR Financial clients will continue to have access to a wide range of investment options as well as benefiting from a more sophisticated back office support structure.

Steve Herkes, managing director of GGFM, said: “GCR Financial has long established itself as a reputable and respected financial planning firm. While Graham has been in the industry 40 years this year, our links as a firm go back more than a decade We felt that now was the optimum time to officially welcome him and his clients into GGFM. GCR Financial’s broad client base from across the central belt complements our own and means we can, collectively, provide a broader range financial services under one roof.”

Graham Robinson added: “Steve and Alastair have been peers and friends for a long time. Today is a landmark moment in the GCR Financial journey and I am confident that the transition will be seamless.”

GGFM offers specialist financial advice to private and corporate clients across the UK, providing the highest level of care to grow and protect clients’ savings and investments. GGFM is a Senior Partner Practice of St. James’s Place Wealth Management; GCR also previously operated under the St. James’s Place umbrella.

For further information please contact: Vanessa Kennedy 0131 285 4790 / VKennedy@gilsongray.co.uk