UK-based McLeod Browne has merged with a Salisbury-based independent wealth planning firm Hart Financial Management, according to Basingstoke Gazette.
McLeod Browne was founded in 2008 by Karl Smith.
Karl Smith said: "In recent years, the Financial Conduct Authority (FCA) has openly committed to increasing the levels of professionalism in the advice industry, which we fully support, and merging with Hart Financial means that the business is large enough to satisfy the regulatory requirement but small enough to provide the personal service our clients expect."
Keith Hartland, managing director of Hart Financial Management, said: "We are delighted to have Karl and his clients onboard.
"I am confident that administration support and our contacts in investment management, legal and taxation will improve resource and efficiency throughout our business," he added.
Hart Financial has also partnered with Succession, a national wealth management firm of advisers, to ensure that it has excellent resources to allow more client facing time which is imperative.