Consolidator Futura Financial Services has acquired Jones Financial of Norwich for an undisclosed amount.
Jones Financial will continue to operate from its Norwich premises, with the existing team remaining in place, led by managing director Simon Jones.
The firm was founded in 2001 to offer Financial Planning and wealth management services to individuals and families across the East of England, including Essex and Sussex.
Futura said the acquisition strengthens its presence in the region and represents a further step in its strategy to bring together high-calibre regional advisory firms while preserving their local identity and enhancing their ability to grow.
Paul Ollerton, group CEO of Futura, said: “Jones Financial is a business with a culture that places clients at the centre of everything they do. This partnership ensures long-term continuity for clients and adds further depth to our advisory footprint across the East of England.”
Under Futura’s ownership, integration will focus on strengthening technology, compliance and operational support to allow future growth while safeguarding the firm’s trusted local presence.
Simon Jones, managing director of Jones Financial, said: “Joining Futura marks an exciting next chapter for our business. Their values and long-term approach align closely with ours, and the additional support and resources will enable us to enhance our service to clients while preserving everything that makes Jones Financial special.”
Futura was established in 2020, to offer advisers technology platforms and central investment propositions, and administrative and operational services and support.
The Futura Group comprises 10 firms across the UK with 37 advisers and a combined AUM of £1.7bn.
Firms that are already part of the group include Simpson Kelly Associates in Pontefract, Prosperity Financial Solutions of Glasgow, Bulley Davey Wealth Management of Spalding, and Milne Pension & Investment Management of Worthing.
Promote your vacancy to thousands of professionals on Financial Planning Jobs
Our specialist jobs service Financial Planning Jobs can help you reach nearly 12,000 financial professionals. You can set up an Employer Profile and post your job the same day on Financial Planning Jobs (terms apply). Dozens of Financial Planning and Paraplanning firms have used our affordable service to recruit new talent.