Brooks Macdonald has bought Wales-based CST Wealth Management for an undisclosed sum.
CST Wealth Management is a chartered financial planning firm and has £170mn in assets under advice and around 500 clients.
In addition to financial planning for individuals, the firm also offers financial planning for businesses.
Andrea Montague, chief executive of Brooks Macdonald, said: "CST Wealth Management is well known to our Cardiff team for their excellent client service.
“We are delighted to welcome them to Brooks Macdonald as we increase our offering in Wales and grow our presence in financial planning, aligned with our strategy to reignite growth.”
This comes after the group snapped up LIFT-Financial and Lucas Fettes Financial Planning this year.
alina.khan@ft.com
