Derbyshire wealth management firms announce merger
Rhodes Wealth Management says it has doubled its number of clients after a merger with another Derbyshire-based financial advice firm.
The deal is with the St James’s Place Wealth Management business Hale Wealth Management which will bring its services under the Rhodes umbrella.
Jason Hale of Hale Wealth Management said: “I first met Adam in Nottingham, in 2007 when he had recently founded Rhodes Wealth Management, and since then we have kept in contact as our businesses have grown, sharing best practice and supporting one another along the way.
“By pure coincidence, we share the same personal trainer, and after several meetings at the gym. began to discuss the benefits of merging into one single business and team.
“In terms of client numbers, Hale Wealth Management was doing very well but, because we had a small team, and small offices, we could not always offer the wide variety of services which are offered by Adam Rhodes and his team.
“Examples of this would be the Rhodes Wealth Management mortgage offering and their regular market update events for clients, helping keep our client base aware of important changes to the global economy.
“Rhodes Wealth Management also benefits from a substantial administration, a paraplanning team and a dedicated marketing and events function. This collaboration will ensure that our clients receive the highest levels of service and experience possible.
“In common with Adam, I believe in financial advice with a personal touch and we are looking forward to strengthening this together over the coming years.
“We are delighted to have effectively doubled the number of clients under the Rhodes Wealth Management umbrella overnight and are happy to be a part of such a knowledgeable and friendly team.
Rhodes added: “As a result of the merger, we now have three additional staff with all the added energies which new starters bring but benefitting from years of industry experience whilst with Hale Wealth Management.
“In Jason himself, we have someone who is steeped in the financial services industry with more than two decades’ experience.
“The merging of the two businesses brings together the knowledge and experience of two practices under one roof, leading us to have one of the strongest adviser teams in the Derbyshire area, thanks to their cumulative experience and specialist qualifications. “
“The Rhodes Wealth Management approach and ethos remains the same but strengthened by the addition of the Hale Wealth Management team.”
