O’Connors advises Gee & Watson on McEwan Wallace Wealth Management acquisition
Heswall-based financial adviser Gee & Watson has acquired financial adviser McEwan Wallace Wealth Management in a multimillion-pound deal.
The combined firm will be able to deliver an enhanced service to customers with funds under management expected to exceed £350m, a team of 11 wealth management professionals and a total of 30 individuals. McEwan Wallace Wealth Management will continue to trade under the same name from its premises in Lorn Street, Birkenhead.
Adrian Cleator, managing director of Gee & Watson, said: “This is a significant development for Gee & Watson. Without doubt McEwan Wallace Wealth Management was a natural choice to support our continued growth. The acquisition will enhance our network and our ability to service even more individuals and businesses in Wirral, across Merseyside and beyond.”
Paul Cochrane, a former director of McEwan Wallace Wealth Management and a former president of the Liverpool Society of Chartered Accountants, said: “We have developed an exceptional client base and are proud that we have achieved £120m of influenced funds. The team at McEwan Wallace Wealth Management is delighted to be starting this new chapter with such a well-regarded and ambitious business. Bringing together the two businesses and sharing our expertise will greatly enhance the client experience and enable us to offer a wider range of services to both existing and new clients.”
David Malone, corporate partner at law firm O’Connors LLP, acted for Gee & Watson.