Wealth manager Brewin Dolphin has acquired Basingstoke-based IFA and Financial Planning firm Aylwin Limited and will use the deal to expand its new office in nearby Winchester.

Aylwin’s David de Kretser will join Brewin Dolphin to head the new Winchester office.

The two financial advisers and support staff at Aylwin will move into Brewin Dolphin’s new Winchester office after the deal completes in early 2019. Brewin is buying Aylwin for an undisclosed sum.

Mr de Kretser will continue to look after his existing clients from Brewin Dolphin’s new offices in Winchester. He has written to clients to tell them they will benefit from broader support and resources from Brewin.

Jonathan Tweedie, regional director at Brewin Dolphin said: “We are delighted to welcome David and his team to Brewin Dolphin and to announce David as head of our new Winchester office.

“He has a proven track record of providing excellent client outcomes and leading a high performing financial services business. I’m sure he’ll be a success as he heads up the already strong team.

Brewin Dolphin moved its Bournemouth office to Winchester earlier this month to further expand its business in the South of England.

The existing client-facing team includes Adam Jarvis, Hannah Dampney and Matthew Lyth now working in the new office at 46 Jewry Street, Winchester. The company has 30 offices across the UK, Dublin and Jersey.

The acquisition is subject to regulatory approval.