Wealth management and employee benefits firm Fidelius has acquired employee benefits consultancy Future Solutions Financial Group.

Alan Phillips, co-founder and managing director at Fidelius, said the acquisition supports the firm’s growth plan to acquire complementary organisations that fit its business service ethic and allow it to extend its geographic reach.

The acquisition follows Fidelius’ appointment of a new chief executive officer (CEO), Jim Grant, former CEO of the Chartwell Group.

Phillips said: “We are growing quickly and, with Grant’s appointment to the board, we are introducing a management structure that will help us sustain this pace of growth, while shaping the overall proposition of the business.”

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