Wed, 11 Jun 2025 | BUSINESS SALE
Oakglen Wealth Holding (Jersey) Limited, part of the Oakglen Group, has completed the acquisition of Jersey-based independent financial planning firm Homebuyer Financial Services Limited (HBFS).
The acquisition of the well-established company is described as broadening Oakglen Wealth’s service proposition, adding a comprehensive financial and retirement planning offering to the firm’s existing wealth and investment management services.
HBFS’s offering includes investments, mortgage, protection and pension advice. The company, which is said to have deep roots in Jersey, serves a broad client base, including many who have been with the firm for years.
The deal will see HBFS Managing Director Michael Barney and Director and Partner Marzena Dziewulska assist in an advisory capacity during a transitional post-deal period. HBFS’s other staff members will remain with the business post-sale, ensuring service continuity for the firm’s clients.
Oakglen Group’s Head of Wealth Management Jamie Crawford (pictured above) commented: “Our goal has always been to provide clients with the highest quality advice, built around their individual needs.”
“Bringing HBFS into the Oakglen Wealth group allows us to extend our services to include expert financial and retirement planning, while staying true to our core values of independence and personalisation. We look forward to welcoming the HBFS team and I look forward to working with Michael and Marzena to achieve a smooth handover.”
Michael Barney added that the takeover was “great news for HBFS clients as Oakglen will offer fresh solutions to HBFS clients.”
Oakglen Wealth’s acquisition of HBFS comes amid a wave of consolidation in the UK’s wealth management and financial planning sector which has now been ongoing for several years and seemingly remains far from peaking. Find out more about what’s driving wealth management M&A:
90 per cent of IFAs and financial planners predict more M&A
Private equity driving ongoing IFA consolidation
Post-deal integration is perhaps the most important stage of the M&A process
This well-established West Midlands IFA, managing £200m in funds under management, offers a highly profitable client base with an average household value exceeding £400k.
An exclusive opportunity to acquire a prestigious ultra-high-net-worth independent financial advisory business in Kent, managing £70m in funds under management.
An established Northern Ireland IFA presents a unique opportunity with £500k in recurring revenue and an average client value exceeding £350k, offering a portfolio of highly profitable clients.
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