Oakglen Wealth Acquires Jersey-Based Financial Planning Firm Homebuyer Financial Services (HBFS) to Broaden Services to Include Comprehensive Financial and Retirement Planning.

Oakglen Wealth Holding has acquired Homebuyer Financial Services, a Jersey-based independent financial planning firm. The acquisition broadens Oakglen Wealth's services to encompass comprehensive financial and retirement planning. Michael Barney and Marzena Dziewulska, directors of HBFS, will provide advisory support during the transition period. All staff members will remain with the company, ensuring service continuity for HBFS clients.

Oakglen Wealth Holding, a subsidiary of Oakglen Group, has announced the acquisition of Homebuyer Financial Services (HBFS), a Jersey-based independent financial planning firm. The acquisition expands Oakglen Wealth's services to include comprehensive financial and retirement planning, in addition to its primary wealth and investment management offerings.

HBFS, regulated by the Jersey Financial Services Commission, has been in business since 1988 and specializes in financial planning and services. The firm offers a range of services, including pensions, investments, protection, and mortgage advice, catering to a diverse clientele, many of whom have been longstanding clients.

As part of the acquisition, Michael Barney, managing director of HBFS, and Marzena Dziewulska, director and partner of HBFS, will provide advisory support during the transition period. This move aims to ensure service continuity for HBFS clients, with all staff members remaining with the company.

Jamie Crawford, head of Wealth Management at Oakglen Group, stated, "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, managing director of HBFS, expressed his delight at the acquisition, stating, "We are delighted that the sale of HBFS to Oakglen has completed. This is great news for HBFS clients as Oakglen will offer fresh solutions to HBFS clients. I am aware that I have personally looked after a number of clients for many years and I am excited to continue to work with Oakglen Wealth and HBFS going forward."

Oakglen Wealth combines service-oriented discretionary and advisory investment management, with its investment strategies and related services meeting all of its clients' needs. In June 2024, Oakglen Wealth formed a partnership with Toscafund Asset Management to create an inheritance tax solution, including an Alternative Investment Market portfolio service.

References:
[1] https://www.privatebankerinternational.com/news/oakglen-wealth-buys-jersey-financial-planning-firm/
[2] https://www.professionaladviser.com/news/4414793/jersey-oakglen-wealth-snaps-local-firm-hbfs