Kent advice firm

Foster Denovo buys up Kent advice firm

National advice firm Foster Denovo has acquired Kent-based adviser Orchard Wealth Cultivation for an undisclosed sum.

The group says the deal is the first in “a number of expected acquisitions for 2019”.

Orchard founders Mike and Sally Wiggins will now join Foster Denovo and continue servicing their existing client banks.

The agreement for the purchase was finalised on Monday.

Foster Denovo chief executive Roger Brosch says the group is now looking to make similar acquisitions as part of an accelerating growth strategy for the year.

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