One Four Nine Group has acquired Nottingham-based independent chartered financial planning firm, Castlegate Capital.

The deal marks the financial advice and investment management group’s first acquisition in 2024, following a period of focus that fully integrated all firms into the business.

The latest deal is One Four Nine Group’s tenth acquisition and it follows the launch of One Four Nine Wealth in late 2023.

The wealth arm provides a platform to unite all regional locations under one brand identity and ensure the delivery of a client service proposition across the UK, operating alongside One Four Nine Portfolio Management.

As part of the deal, Castlegate Capital will rebrand to One Four Nine Wealth upon completion. This will take the group’s client assets to over £1.6bn with over 30 financial planners and around 5,000 clients.

Chief executive officer at One Four Nine Group, Gabrielle Beaumont, said: "This is an exciting time of growth for One Four Nine Group. Investing heavily in the last 12 months in people, integration and client proposition across our regional locations has put us in a strong position to continue to attract some of the best firms in the market as part of our continued acquisition strategy."

Corporate development director at One Four Nine Group, Sanjay Lukka, added: "Having joined the group in August, I’m delighted that my first acquisition marks such a crucial step in our growth journey.

"This acquisition reinforces our commitment to expanding One Four Nine Group’s footprint in the Midlands and beyond. Castlegate Capital’s expertise and strong client focus aligns fully with our own, and I look forward to working alongside their talented team to continue to deliver more value to our clients."

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