"Our clients have finance requirements too, and in the past we have been reluctant to refer them to third parties outside the Group."
Industry veteran Clive Willson - formerly of Brightstar, Magellan and Beacon Homeloans - will be leading the launch and development of this initiative on behalf of Beaufort Group.
The company will provide assistance for all types of residential, commercial, development and business finance, on an advised or referral basis.
The Beaufort Group was founded in 2012 and currently comprises 55 partners across 13 UK locations and close to £700 million of client funds under management. Beaufort Group provides its services to financial advisers and planners, retail investors, clients, employers, and to those looking for discretionary management.
Black Book Finance was launched by Michael Clapper in late 2016 and has since partnered with Magellan and West One Loans.
Simon Goldthorpe, founder and chairman at Beaufort Group, said: “As a growing team of high performance wealth managers, our focus and expertise lies in advising our clients on their investments. But our clients have finance requirements too, and in the past we have been reluctant to refer them to third parties outside the Group.
"I have worked with both Clive Willson and Michael Clapper at different times in the past, and Black Book’s range of services is extremely comprehensive. I believe they make the perfect team to launch and develop this important client service for us. We are excited about this expansion to our client proposition and about the subsequent growth potential for Beaufort Capital Solutions.”
Michael Clapper, co-founder and chairman at Black Book Finance, added: “Beaufort Group is highly successful and growing fast, and the requirement for a fully-branded finance department makes perfect sense. My team and I have had lots of experience in creating white-labelled solutions for large adviser networks in the past, and it is great to be working with both Simon and Clive once again, so we are all very excited by the potential of this bespoke initiative.”
