Wren Sterling completes acquisitions in Scotland and West Midlands and gains 860 clients

Active Wealth Management Limited will join Wren Sterling’s Glasgow office . HB&O Financial Services, based in Leamington Spa, will further expand Wren Sterling’s presence in the West Midlands  

The Wren Sterling Group has started 2023 with the completion of two acquisitions, Active Wealth Management and HB&O Financial Services, resulting in 860 clients and £330m in assets joining the national financial planning business.  

The two transactions add to the three deals already completed since the start of 2022.  

Wren Sterling will deliver important enhancements to its business this year covering brand, proposition and operating model designed to improve the client experience and drive organic growth as well as continuing its successful targeted acquisition strategy. It has also recently launched its newly acquired DFM as an attractive investment option for its clients.  

CEO, James Twining, commented: “It is fantastic to welcome new clients to Wren Sterling together with the people that have served them so well in the past.  Both these deals will enable us not only to enhance the offering we are able to bring to clients but also improve the overall DNA of the whole company as we join forces with our new colleagues, who share our entrepreneurial drive and client first culture.”