An independent financial adviser with 70 staff has been created after Hampton Dean bought Victoria Financial Management for an undisclosed sum.

An independent financial adviser with 70 staff has been created after Hampton Dean bought Victoria Financial Management for an undisclosed sum.

The deal was supported through debt provided by Yorkshire Bank, which was arranged by Specialist & Acquisition Finance director Sue Varley.

“Yorkshire Bank was extremely keen to support such a progressive and successful group operating in a sector that is seeing high levels of consolidation driven by the ever increasing legislative demands upon IFAs,” Varley said.

“Hampton Dean has made a major impact within the sector and is aiming to break into the national top 50 IFAs within the next two years,” she added “The management team is highly experienced and ambitious and we are delighted in supporting them towards achieving their aspirations.”