Member Article

jonathanfry plc and Easby Gale and Phillipson complete merger

The directors and shareholders of jonathanfry plc and Easby Gale and Phillipson have announced the completion of a merger between the two companies.

The merged company is called Gale and Phillipson, employs over 50 staff and has offices in London, Northallerton (North Yorkshire), Newcastle and Richmond (North Yorkshire).

Phil Morris (formerly managing director of EG&P) will lead the company as chief executive officer and David Carr (formerly chief executive of jonathanfry) will be executive chairman.

The new company provides independent advice and a range of wealth management services. These include financial planning advice, discretionary investment management, advisory investment management, mortgage advice, corporate financial advice and the industry-leading cash management service Dynamic Cash Management.

Phil Morris, CE, said: “Our two firms complement each other superbly and we look forward to all of our clients having access to the excellent and innovative services already developed by jonathanfry, including Dynamic Cash Management, and their discretionary investment management service the Personal Managed Portfolio.”

David Carr, Executive Chairman, said: “Our plans to fully integrate the two firms are well advanced. We’ve confirmed that there will be no job losses or office closures; the rationale for the merger is simply to allow both firms to accelerate their planned growth in order to benefit clients, staff and shareholders.

“We look forward to working with the experienced team at Easby Gale and Phillipson, and building on their excellent track record.”

The firm manages or advises on over £700m in client assets and has ambitious expansion plans through organic growth and through acquisition.

Firms or advisers interested in finding out more should contact David Carr (executive chairman) or Phil Morris (CEO) directly.

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