Verso Wealth Management acquires Campbell Thomson Insurance Services
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Stewart Thomson
Verso Wealth Management has acquired Glasgow-based Campbell Thomson Insurance Services for an undisclosed sum, signalling the firm’s first acquisition in Scotland.
Established in 1978, Campbell Thomson Insurance Services has a team of 13 advisors, planners, researchers and support staff, and as of the Q2 of this year was providing advice on assets worth more than £315 million.
Stewart Thomson and Euan Bottomley, owners of Campbell Thomson Insurance Services will remain in their current roles with the firm further to the deal, and join the Verso executive team as it seeks to expand its presence in Scotland.
The value and specifics of the deal were not disclosed, The Herald reports.
Mr Thomson said: “We are delighted to be joining Andrew (Fay, Verso chief executive) and the team at Verso as the Verso model overcomes many of the challenges and inefficiencies in our market.
“We will be able to relinquish our day-today regulatory and operational hurdles and focus on what we do best – providing our clients with the very best advice available. We view our partnership with Verso as a key part of our future growth strategy.”
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