Gilson Gray Financial acquires Dunblane rival in seven-figure deal
Gilson Gray Financial Management (GGFM) has acquired Dunblane-based financial planning firm GCR Financial for a seven-figure sum.
As part of the merger, Graham Robinson, the former owner of GCR Financial, will join GGFM as a senior financial adviser.
In this role, he will be responsible for continuing to advise former GCR clients, as well as existing GGFM customers. Robinson will also work closely with GGFM managing director Steve Herkes and managing partner Alastair Lindsay.
The merger strategy will include an introduction to the wider range of services available through the law firm, alongside integration with the GGFM client servicing framework.
Herkes said: “While Graham has been in the industry 40 years this year, our links as a firm go back more than a decade and we felt that now was the optimum time to officially welcome him and his clients into GGFM.
“GCR Financial’s broad client base from across the central belt complements our own and means we can, collectively, provide a broader range financial services under one roof.”
Robinson added: “Steve and Alastair have been peers and friends for a long time - today is a landmark moment in the GCR Financial journey and I am confident that the transition will be seamless.”
GGFM offers financial advice to private and corporate clients across the UK. It is a senior partner Practice of St. James’s Place Wealth Management, while GCR also previously operated under the St. James’s Place umbrella.
Established in 2014, the wider Gilson Gray group covers law, property and finance. It has grown to 162 staff across four offices in North Berwick, Edinburgh, Dundee and Glasgow.
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