Close Brothers AM has acquired London-based Chartered Financial Planning firm Eos Wealth Management, which includes a number of footballers and media celebrities among its client base.

London-based Eos advises on over £300 million of client assets. The firm specialises in high net worth clients, particularly in the media and sports industries. The deal is for an undisclosed sum.

The business was founded in 2010 by Sean Scahill, a Fellow of the Chartered Insurance Institute, and Peter Kelsey, who is a Chartered Financial Planner. Mr Scahill and Mr Kelsey have worked together for the last 15 years and many of their clients have been with them for over 20 years.

As part of the transaction, subject to FCA approval, all 28 employees of the business will join Close Brothers Asset Management.

Eos is an independent financial advisory firm located in central London. Clients are mainly referred by solicitors, accountants and existing clients. It has a number of sports clients, mainly in football, and media agents.

Eos says: “This has given us a good understanding of the various wealth planning requirements with regards to legal and tax matters but also those pertaining to the media and sports industries.”

Eos is a Chartered financial planning company, an award given to us by the Chartered Insurance Institute (CII) following an assessment of its commitment to professionalism, specifically the attainment of high-level industry examinations, on-going professional development and its approach to ethics.

Martin Andrew, chief executive of Close Brothers Asset Management, said: “We are committed to building a market-leading integrated wealth management business and are keen to augment our strong organic growth with selective, high-quality acquisitions. The acquisition of Eos Wealth Management fits perfectly with our strategy. It will be a pleasure to welcome new colleagues who share our ambition and will help us realise it.”

Peter Kelsey, Chartered Financial Planner and co-founder of Eos Wealth Management, said: “It was really important for us to find a buyer who had our clients’ best interests at heart.”