UK based Ascot Lloyd Financial Services has acquired Suffolk-based financial services company, Ensors Financial Planning (EFP).

The acquisition will contribute to Ascot Lloyd’s strategic position of building a stronger presence in the East Anglia region.

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Richard Dunbabin, CEO of Ascot Lloyd, said: "EFP is a strong firm which shares our philosophy of providing the highest quality of professional financial advice to clients at a highly personal level that is tailored to their individual needs.

"EFP is a high quality acquisition for Ascot Lloyd and complements our expanding activities to provide a national network of financial services from Ascot Lloyd whilst adhering to our personal-touch philosophy," Dunbabin added.

Pat O’Hara, managing director at Ascot, said: "Our expanding national office network will enable us to respond to the increasing demand from accountants as many choose not to handle financial services business ‘in-house’ following the implementation of RDR."

Ascot Lloyd, headquartered Wokingham, Berkshire, provides wealth management solutions to individuals and companies. EFP is a provider of consultancy and planning for both personal and corporate financial needs.

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