Citimark Partnership acquires financial planner Trigon as we push ahead with growth plan

March 26, 2020 | posted in Experiences and Places

Citimark Partnership, the adviser to private clients, trustees and corporates, has acquired the financial planning arm of Trigon, the pension consultancy and actuarial firm. 

The acquisition adds £60 million of assets to Citimark Partnership taking total assets under advice to £300 million. Five staff will make the move as part of the takeover, including two financial planners who will add their expertise to Citimark Partnership’s core financial planning team. 

This deal follows on from Citimark Partnership’s recent acquisition of Chawker & Co and is the latest phase of the Citimark Partnership’s growth plan. 

Chawker & Co is a multiple award-winning* wealth and investment consultant to families, ultra-high net worth individuals, Trusts and Charities. It advises clients across public markets, private markets, credit, real estate and alternative investments.

 Trigon, who like Citimark Partnership are Bristol based, will be able to provide expertise on asset and liability modelling, cashflow analysis and long-term investment strategy. These services will further strengthen Citimark Partnership’s services across all their key areas of expertise.

 This acquisition is great news for clients of both Citimark Partnership and Trigon, who will now be able to benefit from a wider range of experience and expertise from the much larger, combined financial planning team.

 Mark Incledon, Chief Executive Officer at Citimark Partnership, says: “I am delighted to have finalised this deal with Trigon. I believe that Trigon and Citimark Partnership are an excellent fit, with our family firm values and ethos being shared by those joining us from Trigon.”

 “The way Trigon runs its financial planning business fits in with our management style. I am very confident that this transaction will enhance our offering to clients of both Trigon and Citimark Partnership, who now have a greater and deeper pool of expertise to work with.”

“From a business perspective the transition has been brilliantly managed by both Citimark and Trigon, we have some great additions to the team and it’s a good boost to our assets under advice”

 *Chawker & Co has been recognised as a Top Consultant by Wealth-net, the leading UK private wealth industry publication, for each of the last five years.