National IFA firm Beaufort Financial, part of Beaufort Group, has added two appointed rep firms as it continues to expand.  

The deals come after it Beaufort Group recently revealed it had agreed to be acquired by private equity financial advice group Socium. 

The new appointed reps firms include Forth Valley in Scotland and a Wales-based business recently launched as Beaufort Financial Pembs.

Falkirk-based Forth Valley was launched by founder Douglas Harley as Harley Financial Services in 2002 and was one of the first Scottish firms to earn the Chartered Financial Planner title.  

Pembrokeshire-based Beaufort Financial Pembs was established in July this year and will be run by independent financial advisers Alex Thomas and Tyenne Morgan.  

Both firms will receive marketing, compliance and administrative support from Beaufort Financial. 

Derrick Dunne, chief executive of Beaufort Financial, said: “As a business, we are passionate about empowering adviser firms – both new and established – with the tools they need to develop and grow successful businesses.  

“Working with more advisers like Douglas, Alex and Tyenne, who are passionate about what they do and want to be in it for the long-term, is an important part of our growth strategy. This is another exciting development for us and we look forward to supporting both teams for many years to come.” 

Douglas Harley, managing director of Beaufort Financial Forth Valley, said: “After a successful 18 years, it was the right time to find a partner who could help us meet our long-term objectives.  

“We have several talented young Paraplanners within the business and were keen to set them on the path to becoming chartered advisers. The additional support from Beaufort Financial will go a long way to helping us achieve this, while importantly allowing me to move away from the administrative side and devote that bit more time to clients.” 

Alex Thomas, IFA at Beaufort Financial Pembs, said: “By working with Beaufort Financial, we have all the infrastructure and assistance needed to get our business off the ground, freeing us up to focus on what’s important for a new firm – helping more people achieve better financial outcomes and growing our client base.”

The Beaufort Group is based in Surrey with offices throughout the UK.