Kerr Henderson (Financial Services) Ltd joins forces with Ashtree Financial

Leading Belfast-based financial services firm Kerr Henderson (Financial Services) Ltd (KHFS) has been acquired by Michael Blaney, owner of Ashtree Financial Services Ltd (Ashtree) and former owner & Group Chief Executive of Autoline Insurance Group.

The merger of KHFS and Ashtree will create one of the largest privately owned independent financial advice firms in Northern Ireland providing: wealth management, workplace pension consultancy, mortgage & financial wellbeing services. The combined businesses will be responsible for over £1 billion of client assets.

The businesses will unite and trade under the Kerr Henderson brand. They will be led by Michael Blaney, Group CEO, existing Directors, and senior key persons alongside some carefully selected external advisers. All existing management and staff will remain in place.

Michael Blaney, said “Kerr Henderson Financial Services is well established in the market, with a highly respected reputation for delivering for clients. The businesses have many shared values, are a great cultural fit and have a strong client-first mentality. The combined team will have an enviable depth of experience and specialist technical expertise”.

“The increased capacity will allow us to accelerate our plans for growth while continuing to deliver tailored financial advice that is built to evolve with the needs and objectives of our clients. This latest step in our growth strategy will allow us to invest further in our people and technology as we seek to make more strategic acquisitions, enhance client outcomes and service, and differentiate ourselves from our competitors”.

“Moving forward, all group protection, healthcare, and mental & physical well-being services will be delivered via a strategic partnership with Incorporate Benefits LLP (IB) which is led by former KHFS owner John Kerr and his business partner, Audrey Spence. KHFS and IB will continue working together and plan to expand their strategic partnership locally and nationally to deliver a specialist and market-leading client experience”.

John Kerr, said “It was crucially important to me that any future owner of Kerr Henderson (Financial Services) Limited shared the same customer-centric approach the business has staked its reputation on since 1962. I’m confident that Michael Blaney shares these values and I’m delighted both entities will continue to share the same offices and work together in their respective specialities in the years ahead”.

Kerr Henderson (Financial Services) Ltd/Ashtree Financial Ltd
June 2024