November 18, 2024
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Gilson Gray has announced the acquisition of A MacLeod Financial Services and the Lindsay Practice.
The purchase of the two legacy firms, headed up by Angus Macleod and Alastair Lindsay, is subject to regulatory approval and will take the assets under management of the Scottish-based law firm to around £100m.
The double acquisition will form part of Gilson Gray Financial Management and will result in £2.4million in gross capital value being added to the balance sheet within the first two months of trading.
Gilson Gray Financial Management, which will form part of the St James’s Place network network is aiming to have £500m AUM within five years through acquisition.
The company, based in both Edinburgh and Glasgow, will offer advice on mortgages, investments, pensions, protection/insurance and tax planning.
Glen Gilson, managing Partner at Gilson Gray, says private and corporate clients will benefit from receiving expert legal and financial advice from the same firm.
He said: “Our strategy is to attract the best talent in their respective markets. Angus and Alastair’s businesses are a strong fit for us strategically and we are delighted to have them on-board.
“The full suite of services that we can now offer is compelling, allowing clients to secure expert legal and financial advice all under one roof.”
“We have achieved a great deal as a business in a short period of time, and we are very grateful to our clients and contacts for the significant support received to date. However we have a lot of hard work ahead of us and we look forward to that challenge.”
