East Yorkshire financial planning firm acquired by Sanlam UK

Wealth manager Sanlam UK has acquired Grennan Advisers Ltd, a financial planning business based in East Yorkshire.

Launched in 2013 by Stuart Grennan and Helen Chapman, Grennan Advisers specialises in providing holistic financial planning services for high net worth individuals and business executives.

The deal will see Sanlam UK acquire Grennan Adviser’s book of clients and £60m of assets under management.

Stuart and Helen will work with Sanlam UK to support the handover and integration of client relationships.

John White, CEO of Sanlam’s wealth division, said: “Grennan Advisers Ltd is a high-quality business with an ethos of providing excellent service and delivering clients’ long-term financial ambitions.

“As such, it very much reflects our approach at Sanlam. It is testament to our business and our vision that Stuart and Helen have chosen Sanlam as the obvious home for their discerning clients.”

Stuart Grennan and Helen Chapman, chartered financial planners and founders of Grennan Advisers, added: “From the outset, we were impressed with Sanlam’s client-centric attitude and its desire to provide a truly outcome-driven service.

“We have always prided ourselves on delivering a relevant proposition that also gives clients peace of mind, and are delighted that Sanlam will continue with this approach.”

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