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Lawrence Stephens completes significant acquisition for HFMC Wealth

January 2023

Lawrence Stephens’ Corporate and Commercial, and Banking teams acted on behalf of HFMC Wealth on the acquisition of R&S Associates Financial Planning Ltd in a deal which completed on 16th January 2023.

The deal was led by Senior Director, Jeff Rubenstein with Corporate and Commercial support from Solicitor, Isobel Moran who assisted on the acquisition, Associate, Aashay Knights who assisted on the acquisition and banking, Solicitor, Lucy Cadley who assisted on the banking and Head of Banking, Ajoy Bose-Mallick.

The Lawrence Stephens teams worked cohesively and efficiently to get the significant transaction across the line in order for HFMC Wealth to continue its strategic growth plans in 2023.

R&S Associates Financial Planning Ltd advises over 100 families over multiple generations, and the acquisition will see all client-facing staff retained and supercharge HFMC Wealth’s London office.

Jeff Rubenstein, Senior Director, Corporate and Commercial, comments on the deal: “We are delighted to have completed yet another significant acquisition for HFMC Wealth, in a deal which will see our client and friends accelerate an ambitious growth strategy to better service their clients. We understand that the team at HFMC are working hard to identify quality firms, and we look forward to working with them on their carefully selected acquisitions”.

Phil Patient, Partner and Group COO at HFMC Wealth comments on the deal: “We are thrilled that we have such a great team joining us from R&S. Of course, this wouldn’t have been possible without the help of Jeff Rubenstein, Isobel Moran, Aashay Knights, Ajoy Bose-Mallick And Lucy Cadley at Lawrence Stephens”.

As usual, their guidance was clear and invaluable to us and they understood what we were looking to achieve whilst being proactive and fair throughout for all parties.

On this deal in particular they displayed patience, creativity, tenacity and resilience to get the deal done,  despite the barriers put in front of them at times. We were very pleased the Lawrence Stephens team were representing us.”