Advisory firm Saunderson House is planning to launch a discretionary service later this year in a bid to broaden its investment offering.
The firm's parent company IFG Group revealed the news in its interim update, which also revealed Saunderson House had grown assets by £200m in the first three months of the year to reach a total of £3.9bn.
The statement said: "As the year progresses, Saunderson House plans to selectively broaden its investment offer as a discretionary management service.
"This will enhance its ability to tailor its service proposition based on client circumstances and broaden the proposition to a wider market."
The firm also intends to launch a new online portal for Saunderson House clients in a bid to improve its use of technology and enhance client service and advisory relationships.
The update showed the firm added 93 new clients in the first three months of 2015 compared to 90 during the equivalent period of 2014. It now has a total of around 1,700 clients.
Parent company IFG also said it is looking to expand the business further, suggesting it may be seeking acquisition opportunities.
The statement said: "In line with our strategic focus to provide independent advice and full platform services for retirement wealth planning in the UK, we continue to pursue both organic and inorganic opportunities to leverage the capability in our business."