Corporate and Commercial
Financial Institutions
Jeff Rubenstein
October 2025
Lawrence Stephens advises top 100 UK IFA HFMC Wealth on a series of acquisitions as part of its ongoing consolidation strategy in the financial services sector. Our Corporate, Banking, and Property teams collaborated seamlessly to ensure smooth and efficient transactions.
The firm has completed a handful of key transactions for the business over recent years:
The acquisition of R&S Financial Planning, a wealth planning business, adding £145 million to HFMC’s assets under advice.
The acquisition of Harford Financial Limited, a specialist mortgage brokerage.
The acquisition of Generic Financial Management, contributing an additional £150 million in assets under management.
The acquisition of Weston Cummins Limited, a wealth planning firm, adding a further £350 million in assets under advice.
These acquisitions significantly expand HFMC Wealth’s national footprint and reinforce its position as a leading independent financial adviser (IFA) in the UK.
We also advised HFMC Group in connection with a multi-million pound refinance of its existing loan facilities with Thincats Loans Limited to support their ongoing acquisition strategy.
Reflecting on the deals, Jeff Rubenstein, Head of Corporate and Commercial, expressed his pleasure in working with HFMC on these acquisitions. He commended the exceptional performance of our team and witnessing HFMC’s ongoing growth.
Phil Patient, Group COO of HFMC Wealth, commented:
“We are thrilled to continue a strong year of acquisitions for HFMC and to continue working with the crucial assistance of the team at Lawrence Stephens, who handled the transactions swiftly and with the utmost professionalism and attention to detail.”
These transactions reflect Lawrence Stephens’ continued commitment to supporting clients in the rapidly evolving financial services and IFA landscape.
