WBR acquires Bristol-based SSAS administrator.

Leicester-based WBR Group, a provider of SSASs and tax advice, has acquired SSAS administrator NM Perris & Co Ltd. The deal, for an undisclosed sum, adds 200 SSAS schemes to WBR and £300m of assets under administration. It will also add a new office in Bristol to the group. The acquisition of NM Perris & Co, which trades as Brunel Trustees, also includes associated companies Brunel Trustees Limited, and Omniphi Systems Limited. All three businesses will continue to trade under their current names. All six SSAS employees, including the directors, will join WBR Group. The remaining five SIPP employees will join Cabot. Brunel Trustees focuses on SSAS administration, providing services to manage and administer SSAS pensions. As a SSAS practitioner and trustee company, Brunel Trustees Limited offers trustee services and expertise in managing SSAS schemes. Omniphi Systems Limited specialises in developing software solutions for SSAS and SIPP administration. Their Omni software is used by many SSAS and SIPP administrators to streamline and enhance their service offerings. Nick Perris, CEO of NM Perris & Co, said: “Having spent 40 years in the profession, it has been a privilege to work with our clients and staff. I am confident that this acquisition will result in minimal disruption to our clients, as the trustee company will remain unchanged, and the Bristol office will continue to operate as usual. “I will be transitioning to WBR Group for at least the next 12 months to ensure a smooth handover and maintain client contact. Everyone is excited for the opportunity ahead as we become part of the WBR Group but retaining our brand identities.” The acquisition is the latest in a series for the SSAS provider, which says it continues to look for more acquisitions for the right books of business. Previous acquisitions include boutique SSAS administrator Wimbledon-based Bespoke Corporate Pensions Limited (BCPL), and Rowanmoor’s book of 3,500 SSASs. It has also previously acquired James Hay’s SSAS book. WBR provides tax advice to the owner-managed business sector and high net worth individuals in addition to independent administration, consultancy, actuarial and trustee services for SSASs. The firm was established in 2016. WBR’s head office is in Leicester with offices in Bolton, Bristol, Salisbury, London and Wimbledon and clients across the UK. The firm currently administers over 4,500 schemes with assets of over £4.5bn. The actuarial department provides services to small and large DB pension schemes as well as providing specialist services re pension on divorce valuations and funeral plans.

WBR acquires Bristol-based SSAS administrator.

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