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Crooks advises on MBO of Simpson Millar Financial Services from Listed Group

Law firm completes sale of financial services arm

Simpson Millar Financial Services, a subsidiary of law firm Simpson Millar which has offices in Leeds, Manchester and Birmingham, has been sold to its managing director James Mann for an undisclosed sum.

Simpson Millar Financial Services provides specialist advice on investing personal injury and clinical negligence settlements, and to other private client departments.

It will be renamed Dune Financial Planning and will continue to service all its clients without disruption.

The firm said the sale reflects its strategic objective to focus on its core consumer legal services business.

Greg Cox, managing partner at Simpson Millar says: “This disposal is part of the strategic plan for Simpson Millar to focus on core legal services activities. It remains business as usual at Simpson Millar. We wish James every success, and we look forward to continuing a strong working relationship with James and Dune Financial Planning in the future. ”

Mann has been at the helm of Simpson Millar’s financial services department for over a decade – most recently as managing director when Simpson Millar Financial Services was authorised and regulated by the FCA in 2013.

He now plans to grow his client base further; in particular through referrals from other professionals in the clinical negligence, personal injury and private client field.

Mann said: “I’m confident in Dune Financial Planning as a stand-alone brand. Advising clients on how to invest their legal settlements is a niche area that benefits from real specialist advice and experience. It is a market I know well, and a service, which I know many solicitors in the field are happy to recommend to their clients, so I’m excited about the future.

“I have thoroughly enjoyed my time at Simpson Millar – working with colleagues across the personal injury, clinical negligence and private client departments. They are outstanding lawyers who also care deeply about securing their clients’ futures.”

All employees of Simpson Millar Financial Services will continue to work for Dune Financial Planning

James Hunt and John Beevers from Sagars Accountants, and Michael Crook from Crooks Commercial Solicitors advised Mann on the deal.