Member Article

Ellesmere Port’s Alexander Beard acquires Lepretre and Partners Ltd

Cheshire-based international advisory and pensions administration group, Alexander Beard announce their acquisition of London-based IFA business Lepretre and Partners Ltd (L&P).

L&P Directors Andrew Moore and Peter Smith will join Alexander Beard Wealth LLP as Partners to lead the London operation of its UK business.

Andrew Moore will become Investment Director for the whole Alexander Beard Group and join their board with effect from the 1st of January 2015.

ABG Founder and Executive Chairman Paul Beard said: “This is a deal which Andrew and I have been working on for over 12 months and will produce a number of great opportunities for all parties, as well as some useful synergies and cost savings.

“In addition to us benefitting across the group from Andrew’s well-established investment expertise, L&P brings a valuable portfolio of international (mainly French) corporate clients which fit perfectly into Alexander Beard International Benefits B.V.

“L&P’s London-based French expatriate client base will also provide an opportunity for us to expand our well-established expatriate services into France over a period of time.”

Lepretre & Partners Director Andrew Moore commented: “This deal will enable us to expand a number of key business lines for L&P in the individual and corporate markets.

“Furthermore, the scope to continue the development of investment services with the increased resources of the Alexander Beard Group is a very exciting opportunity for the future.”

This was posted in Bdaily's Members' News section by Sophia Taha .