Henderson acquires Arlington Financial Ltd
by Brian Turner
Story link: Henderson acquires Arlington Financial Ltd
Henderson Insurance Brokers Teesside has expanded its business portfolio with the acquisition of one of the North East’s leading firms of independent financial advisors.
Arlington, which handles the finances of many wealthy North East individuals and businesses with a portfolio in excess of £100 million for both individual and business clients, will now be known as Henderson Private Wealth.
The deal, for an undisclosed sum, brings together two of the leading and most respected regional players in their fields.
The seven Arlington staff take Henderson’s Teesside employee numbers to 31.
This includes Jon Sturrock and Ben Danson, who become directors of the new independent financial advice division of Henderson insurance Brokers Teesside.
Jonathan Willett, Henderson insurance Brokers Teesside Director, said: “Arlington joining the HIBL stable is a natural progression and will help drive two leading Northern businesses forward.
“The deal will also enable both firms to build upon the strengths and growth they have already achieved, as well as providing a broader offering to our clients.”
Jon Sturrock said: “The combination of insurance brokers and independent financial advisers will provide clients with an enhanced service.
“We have forged strong relationships with our clients during the last two decades and this will continue.”
Arlington, of Hartlepool, which has been established since 1990, handles a wide range of financial issues for its corporate and private clients, many of whom are directors and shareholders in some of the North East’s leading businesses.
Henderson Insurance Brokers is one of the top five leading insurance brokers operating from 11 offices across the UK and delivering for clients in all industry sectors.
The company has specialist divisions in construction, real estate, retail/wholesale and haulage – as well as strong expertise in risk management and manufacturing.