Tweed Wealth Management has added £35 million of assets under management after acquiring The James Boyd Practice.
The personal finance consultancy, which consists of Mr Boyd and a supporting member of staff, is Tweed’s sixth acquisition in the past seven years.
Tweed’s current AUM is £614m and it has a target of £1 billion.
James Boyd retires after 30 years in consultancy and operating as part of St James’s Place for the past 17 years, serving clients from Edinburgh and Aberdeen to London.
Chris Tweed, CEO and co-founder of Tweed Wealth Management, said: “This acquisition strengthens our commitment to having a presence in every region of Scotland.”
Mr Boyd added: “I’ve had the pleasure of knowing Chris and Alison Tweed for many years and have every confidence that they will show the James Boyd client portfolio every level of care, as my team and I have.”
Tweed has acquired Melville Wealth Management, Stevenson-Hamilton Wealth Management, Jamieson Wealth Management, John Home Wealth Management, and the wealth management arm of Macleod & MacCallum.
#Tweed #adds #35m #AUM #James #Boyd #deal #Daily #Business