Craven Street Wealth has strengthened its national presence through the acquisition of Pharon Independent Financial Advisers, marking a significant step in the firm’s ongoing growth strategy.
The addition of the Canterbury-based business enhances Craven Street Wealth’s capacity to support clients and reinforces its long-term commitment to delivering high-quality financial planning services. Following the deal, the combined organisation now advises close to 6,000 clients and oversees approximately £2.9bn in assets.
As part of the agreement, Pharon’s managing director and chartered financial planner, Nick O’Shea, will take up a position within Craven Street Wealth’s management team, which operates across London, Canterbury and Horsham.
Tom Barnett, managing director of Craven Street Wealth, said: “This is a truly exciting moment for our businesses.
“Pharon is a highly respected firm with deep roots in its community and a reputation for quality financial planning over more than 50 years. I look forward to welcoming Nick and other members of the Pharon team into our senior management structure.”
Nick added: “Joining Craven Street Wealth allows us to build on our legacy, bringing together two highly experienced teams. It also strengthens our collective resources, ensuring our longstanding personal relationships remain at the heart of how we support clients.”
The acquisition follows Craven Street Wealth’s recent integration into the Quanta Group.
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