Navigation Wealth Management announces strategic acquisition

06th Jul

Yorkshire-based financial adviser Navigation Wealth Management has acquired BRC Wealth Management as part of the firm’s continued growth of its East Yorkshire operation.

The strategic acquisition will add nearly £40 million Funds Under Management to the Navigation portfolio. BRC owner Martin Baltazar will also be joining Navigation’s financial advisory team.

Matt Hammond, chief executive at Navigation Wealth, which has offices in Beverley and Wakefield, said: “We are delighted to welcome BRC to the Navigation family at such an exciting time for the firm. Not only do we have a highly skilled adviser joining us in Martin, the acquisition will also help support the recruitment of additional advisors in the East Yorkshire area, which will prove a huge asset for both our clients and stakeholders.”

Navigation Wealth, which provides holistic wealth management advice to personal and business clients across the UK, has seen rapid growth over the past three years with its team more than tripling in size. At the heart of the firm’s success is its ability to form lasting relationships with clients. It was this personal approach that impressed BRC.

Mr Baltazar said: “By moving to Navigation Wealth Management, I am securing the services of a full professional team to support me and my clients in one go, a team that cares about people and takes the time to really understand what is in the best interests of their clients, both in the short and long term.

“This was a fundamental part of my decision as some clients have been with me for over 25 years – and the advice we give has the potential to make a real difference to their financial wellbeing.”

BusinessWorks Hull & East Yorkshire summer 2022

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