3G Financial is owned and operated by Charles Graves who decided to take a step back from advising after almost 16 years in business, and 45 years working in financial services. He will continue to support the Armstrong Watson team to ensure a smooth transition for clients.

The decision to acquire the business comes at a time of significant growth for Armstrong Watson. Having discussed the opportunity for some time, Mr Graves felt that the firm would be a good fit for his clients, as Armstrong Watson shares similar values to his own, and is confident that they will continue to provide the advice and service that he is proud to have offered for many years.

Armstrong Watson’s long-established financial planning division, Armstrong Watson Financial Planning Ltd, is headed up by managing director Stewart Crockett and has been providing financial advice to clients for more than 50 years.

Across the firm’s 16 offices, Mr Crockett leads a 55-strong team, including 19 independent financial planning consultants.

As with 3G Financial, Armstrong Watson has an office in Penrith and is well placed to provide clients with the same high-quality service and advice that they have been used to receiving.

Mr Graves said: “Armstrong Watson is a very natural choice – their wealth management and financial services are well respected, and I have confidence that the skilled team will look after my financial services clients well.”

Mr Crockett commented: “With both Armstrong Watson and 3G Financial being long-established firms in the Penrith and Eden areas, we have many mutual client and business relationships and both firms share common values.

“We look forward to welcoming the clients of 3G Financial and ensuring that they continue to receive the highest quality of financial advice, whilst also benefiting from access to Armstrong Watson’s full remit of services, including personal and corporate tax, alongside our full accountancy propositions as and where required.”

The deal between the two firms took effect on 31 August 2023.