Private client manager James Hambro & Partners is to merge with Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.
The new business will trade under the James Hambro & Partners brand, and will provide discretionary portfolio management and financial planning services under one roof, targeting new clients dissatisfied with the service offered by large banks. The merger combines the £480m in assets managed by James Hambro & Partners for 102 families, charities and trusts with the £600m in AUM managed by Calkin Pattinson. The latter firm, founded in 1964, also advises 2,000 private clients and charities on financial planning groups. Chairman and CEO Charles Calkin and MD Paul Calkin will become partn...
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