Charles Stanley has bought Leeds-based discretionary investment management firm Myddleton Croft.
The deal will see all of Middleton Croft's investment managers join Charles Stanley.
Patrick Toes, Carolyn Black and Robert Feather will report into Simon Martin, branch manager of Charles Stanley Leeds, and Jonathan Baker, who now has overarching responsibility for Charles Stanley's northern hub comprising Leeds and Manchester.
Charles Stanley also said its Leeds office has continued growth plans and is currently recruiting for additional investment managers.
Paul Abberley, CEO of Charles Stanley, commented: "I am delighted to welcome the Myddleton Croft team to Charles Stanley who will further strengthen our presence in Yorkshire and the North East.
"Myddleton Croft's business model and client base, together with its well-established name and reputation, make it an excellent fit for us.
"We are committed to providing its clients with a seamless service and continuing the first-class levels of client care that they have come to expect and that we pride ourselves in delivering. They will also be able to benefit from our broader range of services if needed."
The Leeds-based firm was formed in 2006 and provides discretionary investment management services and model portfolios to individuals, trusts, pension funds, charities and their advisers. Its has £96.5m in funds under management.
Julie Jones, managing director of Myddleton Croft, said: "We are excited to be joining forces with Charles Stanley where we can achieve the next phase of business growth.
"They offer the right mixture of culture, high service standards, and location without compromising our investment philosophy, which is important to us."
FCA consent for change of control has been provided.