Lancashire Financial Planner and wealth manager 1st Chartered Financial Planning will rebrand as One Four Nine Wealth Limited after being acquired by investment management firm One Four Nine Group.

The price paid for the acquisition has not been disclosed.

One Four Nine Wealth will operate alongside One Four Nine Portfolio Management, forming a wealth advisory firm with an in-house discretionary investment manager.

The addition will increase the number of advisers in the One Four Nine Group to 36 and client numbers to nearly 4,500.

It is the group’s ninth acquisition since launching in October 2021 and follows two previous northwest acquisitions, Rice Whatmough Crozier and Charter Financial Planning.

1st Chartered Financial Planning, based in Chorley, was established in 1991 by Sylvia Bentham, a Chartered FCSI and Certified Financial Planner through the CISI, a Chartered Financial Planner with the CII and an associate of the institute of bankers (ACIB). The business was originally named Sylvia Joyce & Associates until 2008. 

Gabrielle Beaumont, chief executive, One Four Nine Group, said: “It is exciting to have 1^st Chartered Financial Planning turbo-charge our integration and rebranding programme as we officially launch One Four Nine Wealth.

“Sylvia understood and shared our vision to create a unified brand identity across our locations as we build a first-class national wealth advisory and discretionary investment management business which is ready to meet the current challenges facing today’s clients.”

Sylvia Bentham said: “Choosing the best long-term home for my team and clients has been a significant decision. With the integration strategy focused on building a united brand identity and innovative infrastructure in place to support advisers in their careers, this is a fantastic time to join the group.”

One Four Nine Group said it will continue to acquire advice firms alongside dedicating significant resource for the rest of 2023 to its integration strategy.