Expat tax advice and wealth management specialist Blevins Franks has acquired Siddalls France, previously owned by the IFG Group.
Siddalls offers wealth management advice to UK expatriates in France, while Blevins Franks caters to the specific needs of UK nationals living in France and other European countries with particular focus on complexities of tax and legal changes in the UK.
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The acquisition is a growth-oriented move for Blevins Franks and is targeted at catering to UK nationals residing in France who require specialist advice, particularly owing to constant legal and fiscal changes in France and the UK.
Rupert Holderness, general manager at Siddalls said, "It can only be positive to merge the expertise and resources of the two market leading businesses in our specialised area, and Blevins Franks have shown their long term commitment to invest in and develop the business in France.
"Moreover, as well as having all of the UK expertise and support that we previously enjoyed at Siddalls, Blevins Franks can provide expert advice to clients who may wish to move to other European countries, adding a new dimension to the Siddalls’ service."
The Blevins Franks Group will manage assets worth 2.2bn after the acquisition.
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