The acquisition boosts Fairey Associates’ assets under management (AUM) to around £450m.

Tailored Retirement & Investment Planning (TRIP) staff will join Fairey Associates with TRIP founder Des Fitzgerald, set to retire after a two year integration period.

Ed Fairey, founder and managing director at Fairey Associates, said: “As a like-minded Chartered firm, we’re delighted that we are able to continue to build on the successes that TRIP has had with their clients.”

He said the firm was looking forward to welcoming the TRIP team and their clients into the business.

He added it was “a significant acquisition.”

Des Fitzgerald said: “It has taken me time and effort to find an organisation that I am comfortable to entrust the future of my valued clients and loyal team to.”

He said he was looking forward to introducing his new colleagues to his clients.

Fairey Associates already has an existing team and substantial client bank in the Norfolk area but will retain the TRIP office.

Fairey Associates was established by Chartered Financial Planner Ed Fairey in 2008 and has grown from small beginnings in London to being a boutique regional firm covering London, East Anglia and the South East.

It provides professional, holistic financial advice to a range of clients, business owners and families.

It has offices in London, Leatherhead, Croydon, Colchester and Norwich.