BASINGSTOKE-based McLeod Browne has merged with Hart Financial Management.

Karl Smith, who established McLeod Browne in 2008, said: “In recent years, the Financial Conduct Authority (FCA) has openly committed to increasing the levels of professionalism in the advice industry, which we fully support, and merging with Hart Financial means that the business is large enough to satisfy the regulatory requirement but small enough to provide the personal service our clients expect.”

Keith Hartland, from Salisbury-based Hart Financial Management, said: “We are delighted to have Karl and his clients onboard.

“I am confident that administration support and our contacts in investment management, legal and taxation will improve resource and efficiency throughout our business.

“Our affiliation with Succession, who are a national wealth management firm of advisers, ensures that we have excellent resources to enable more client facing time which is imperative.”