Nine Edge Wealth was inaugurated on Monday, March 16, with founders Derek Miles, CEO, and Jo Blake, CMDO, announcing its establishment alongside Kyle Augustin, COO, and former England rugby player Matthew Dawson, NED.

Nine Edge has since moved quickly to secure its first acquisition of Edinburgh-based RMS Financial Ltd, a firm founded in 2013 by financial advisor Richard Murray.

Discussing the acquisition of RMS, founder Mr Murray said: “Nine Edge stood out to us from the start. I believe the fact they’re a start-up is actually a strength. They don’t come with a ‘big corporate’ mindset.

“Kyle and Derek have both achieved huge success and bring a lot of experience within the IFA and financial services world. They understand what good looks like.

“Nine Edge is a start-up, but it’s backed by real knowledge and experience. When we discussed our perspectives on the industry, there was strong alignment in how we think and how we want to operate and in Derek’s case in particular, he has a track record of delivering.”

“Our clients have been overwhelmingly positive about the move. Succession planning is a major issue in our industry, so it was essential for us to provide service longevity for our clients.

“The standard of expertise within Nine Edge, and the quality of the people we’ve brought in as a result of the collaboration, is a real testament to what we do and how we do it. Clients have felt reassured that their needs will continue to be looked after.”

Alongside Nine Edge’s moves across the border, Mr Murray has also announced the appointment of RMS’s Leanne Lindsay as Chartered Financial Planner.

Ms Lindsay has worked within the financial services industry for almost two decades, and has experience in all areas, with specialism in retirement planning. She holds fellowship status, the highest accreditation which can be received from the Chartered Insurance Institute.

She said: “I’m delighted to be joining the team at Nine Edge Wealth. Although they’ve recently launched, there is a multitude of financial experience in the building, which I’ll be adding to with over 19 years in the industry.

“Being based in the city (Edinburgh), the acquisition of RMS is obviously incredibly exciting to me, and I’m looking forward to continue working with Richard and the guys there too.

“Alongside Jo, Derek, Kyle and Matthew, I believe I’m joining a firm with huge potential in the wealth management world. Please get in touch with us for any help with your financial planning!”

Derek Miles

Mr Miles, CEO of Nine Edge Wealth, said: “I’m delighted to announce the acquisition of RMS. We’ve known of Richard and his brilliant team for a long time, who have made the deal and working together so far such a smooth process.

“I’m also pleased to welcome Leanne to our growing team. She brings so much experience to the table, particularly with retirement planning but also across all aspects of financial planning too.

“Both the acquisition and appointment highlight the waves we want to make in the industry. We’re growing rapidly already and we believe these moves north of the border reflect our client-first, technology-led mission at Nine Edge.”