Financial advice network Corbel Partners has completed seven acquisitions of financial adviser firms this year, it has reported, although it has not revealed full details of the firms involved.

The takeovers bring the total number of firms acquired to 13 and the firm said it has plans to add more.

The network, which includes 160 adviser members with a total of £2.4bn in assets under advice, is working towards a goal of 250 advisers by the end of 2026.

The Warrington-based firm was founded in 2005 by Chartered Financial Planners Paul Heath and David O’Hara as a traditional independent financial adviser practice but has grown to become a support network for advisers.

The company said six of the seven acquisitions this year were from the network’s internal market of linked adviser firms. It launched a buyout proposition in 2023, which guarantees a route to retirement and locks in a planned transition for the acquired firms' clients.

The company said the exit facility forms part of a 'cradle-to-grave' scheme, where Corbel Partners commits to training and developing new advisers, provides the framework for them to grow their businesses and helps them exit with the capital they need to retire.

David O’Hara, co-founder and director, said: “Advisers trust us with their clients because we don’t consolidate and we don’t restrict. We find the right home for clients’ hard-earned wealth and take their unique goals seriously."

He said Corbel was on track to complete another five buyouts this year, with several more internal and external agreements in the pipeline.

Mr O’Hara said: “We are a network made by IFAs for IFAs. We’ve seen the desire for long-term client solutions in a profession dominated by those approaching retirement and we’re ready to keep providing what they need.”