Gilson Gray Financial Management (GGFM) has acquired Wilson Financial, in its fourth deal of the last 12 months.
The St Andrews-based boutique wealth management firm, founded by Gavin Wilson in 2018 as part of the St James Place partner network, expands GGFM’s offering in Dundee, following the recent acquisition of RS Robertson.
Wilson joins a team of more than a dozen financial planning and client relationship staff in Gilson Gray’s new city centre premises at 2 West Marketgait.
Earlier this year, GGFM announced the acquisition of Edinburgh-based Sarah Hughes Wealth Management, while in late 2022 the firm bought East Lothian’s Scott Wallace Financial Planning.
The strategic expansion programme has taken GGFM’s assets under management to more than £650m and more than 20 financial advisers.
Steve Herkes, managing director of GGFM, said: “Gavin is a great addition to GGFM and his experience and expertise will be invaluable in helping us to continue to provide the highest quality of service to our clients from our growing Dundee office.
“He will complement our existing team and play a central role in helping to develop our presence in the wider region, particularly Fife and Stirling.
“Adding Wilson Financial to our business is the latest deal in a series of strategic acquisitions and we hope to conclude more across Scotland as we move further into 2023.”
Wilson added: “Building a business has been a great experience over the last six or so years, but when the opportunity to become part of GGFM came up it felt like the right time to bring that chapter of my career to an end.
“Joining GGFM is a great opportunity and the right fit for my clients across the UK – it will give them access to a wider team that share the same values, a broader range of expert services, and a greater depth of experience.”
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