Evelyn Partners adds Millen Capital for North West expansion

Evelyn Partners has announced the acquisition of Millen Capital as part of its North West Expansion.

The completion of the deal will see five of the Millen team join Evelyn’s Liverpool office.

Millen’s founding partner, Angus Millen, joins along with chartered wealth manager Gareth Lyttle, certified financial planner and chartered wealth manager Vicki Harper, and experienced administrators Linda O’Neill and Ruby Leigh.

Under the deals Evelyn Partners acquires the assets of the business and there is an orderly transition of both staff and clients to Evelyn Partners.

Millen Capital was established by Angus Millen in 1999 to provide a comprehensive wealth management service to successful professionals and business owners.

Richard Dawes, head of strategic partnerships at Evelyn Partners, said: “I’m delighted that Angus and the team are joining Evelyn Partners. This is the tenth deal in our adviser succession scheme which provides business owners with a long-term home for their clients and team.

“Clients will continue to enjoy an excellent, personalised service from the team while at the same time benefiting from our unrivalled range of bespoke service and the heavy investments we have made to technology.”

Millen added: “I’ve long admired Evelyn Partners’ approach, service ethic and performance and I’m proud they found the same values here at Millen Capital after approaching us about a potential collaboration. Their extensive experience and financial rigour provide me with great comfort, particularly during these turbulent economic times.

“Evelyn Partners’ additional skills and expertise will complement our own and ensure we continue to nurture, preserve, and grow our clients’ wealth. We are excited for the future and look forward to continuing to serve our clients in our new home.”