Squirrel Financial Management and James & Co have merged to take advantage of changes in the personal finance industry.
The two Midlands based IFAs say by joining up they will create additional jobs as well increase stability for the company's combined work force.
Advisers Jim Higgins, Phil Morgan and Andrew Fearne, of James & Co, will continue to operate from the company's Waverley Court offices, while administration will be focused at the Squirrel Group offices in Mere Green.
Jim Higgins, director of James & Co, says: “Any changes will be relatively seamless as far as clients are concerned. Joining forces with the Squirrel Group will bring significant advantages to both companies.
“The trend is very much towards 'strength and security in numbers', so for James & Co the merger with another, larger, firm represents a logical step forward. ”
Ian Bascombe, director of Squirrel Financial Management, says: “The company has expanded substantially since it was formed and it has recently added Secure Mortgages and SQ2 Mortgage Packaging to the group as it develops and grows.
” It currently has 40 staff within the group and with direct FSA authorisation, is well placed to continue growth and development in 2004 and beyond.”