Member Article

Two County Durham family firms merge to expand client base

Chambers Financial Services, run by local Bishop Auckland business man Norman Chambers for 25 years, has merged with a Wealth Management practice owned by Andrew Chambers, Norman’s son.

Together, they have launched Arc Wealth Limited to provide residents of Bishop Auckland holistic Wealth Management advice.

Arc Wealth have offices in Darlington and Bishop Auckland and offer a wide range of services including: pension and retirement planning, investment planning, inheritance tax planning and protection and mortgage advice.

Andrew Chambers, Managing Director of Arc Wealth Limited said, “My Dad has worked within the financial services industry for many years so I trust his business knowledge and experience. He has a lot of clients within his practice so we want to reassure them Norman is still there but we are now able to offer extra services to our clients and we are well placed to serve them within the current financial market place. “

Norman said: “Having being in business for over twenty years, we are well established within the Bishop Auckland area however merging the two businesses together made perfect business sense for me. Andrew was expanding his own company, so it was the ideal time for both of us”.

This was posted in Bdaily's Members' News section by Ellen Forster .