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Home News

Penrith firm acquired by Armstrong Watson

by CWH
25 September 2023
in Latest, News
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Nick Birtle, Sarah Tallentire, Charles Graves and Justin Rourke.

Armstrong Watson has acquired a Penrith financial firm.

The expanding accountancy firm has bought 3G Financial, owned and operated by Charles Graves, on St Andrews Square.

Mr Graves has 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.

Mr Graves and the firm had been in discussion for some time, it said, and he felt the firm would be a good fit for his clients, as Armstrong Watson shares similar values to his own, and he said he was confident that it 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, Stewart leads a 55-strong team, including 19 independent financial planning consultants.

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 added: “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 3G Financial clients and ensuring they continue to receive the highest quality of financial advice, while also benefiting from Armstrong Watson’s full remit of services.”

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