Transaction sees sale of Gresham Wealth Management to Equilibrium Financial Planning
Weightmans’ corporate M&A team has advised client, Gresham Wealth Management, on its sale to Equilibrium Financial Planning.
Based in Hale, Cheshire, Gresham Wealth Management is a well-established Chartered firm of independent financial advisers with around ÂŁ285 million in assets under management and 379 clients. Founded in 2010 by Morven Millar and Jonathan Young, Gresham has built a strong reputation for providing high-quality financial advice to individual and corporate clients across all areas of financial planning.
Its specialist expertise in personal injury and Court of Protection clients will add to Equilibrium’s offering, strengthening the support available for its clients with more complex planning needs.
Morven Millar, Co-founder of Gresham Wealth Management, said:
“It was vital to us that we partnered with a firm whose purpose and values were closely aligned with our own. Equilibrium has the drive, ambition and commitment to long-term relationships that will create a strong future for our clients, colleagues and intermediary partners.”
Speaking about the support provided by Weightmans, Morven Millar added:
“The team at Weightmans were instrumental in getting this deal over the line, guiding us every step of the way in a language that we understand. We can’t thank the team enough for their professionalism, hard work and diligence.”
Paul Raftery, Partner at Weightmans, who led on the deal, said:
“It was a pleasure working with Morven, Jonathan and the Gresham team, advising them throughout to ensure a seamless transaction. This is a significant milestone in its history, and I wish the team all the best in its future growth plans.”
As part of the deal, Equilibrium will retain Gresham’s Hale office and its entire team, helping to ensure continuity for clients and colleagues during the transition, and will complement Equilibrium’s headquarters in Wilmslow.
