Quanta Group has expanded its financial advice arm after its subsidiary, Craven Street Wealth (CSW), acquired Pharon Independent Financial Advisers.
The deal adds to Quanta Group’s plan to build a comprehensive wealth management service, combining independent advice with platform and discretionary fund management through Wealthtime and Copia Capital.
Patrick Mill, CEO at Quanta Group, said: “Bringing Pharon into CSW further strengthens our advice capability, enhances our national footprint and deepens the value we deliver to clients and professional partners.
“Alongside recent additions to the Quanta Group Board, it marks another major step towards our goal of building a modern, fully integrated wealth management group that combines independence, exceptional advice, and strong governance.”
Tom Barnett, managing director at Craven Street Wealth, said: “We are delighted to welcome Pharon to CSW.
“We share the same values, professional standards and long-term commitment to clients.
“It has always been our ambition to deliver high quality independent financial advice to a much wider audience and, as part of Quanta Group, we have the scale and resources to continue investing in advice excellence.”
Nick O’Shea, director and chartered financial planner at Pharon, said: “This is a hugely positive step.
“Our team, clients and introducers will continue to receive the same personal service and trusted advice, now supported by the strength and specialist expertise available through CSW and Quanta Group.”
