Quilter Private Client Advisers has acquired national financial advice firm Prescient.

The acquisition adds over £800 million of assets under advice (AuA) to its growing high net worth business.

Prescient’s main office is in the City of London with regional offices in Glasgow, Exeter and York.  The acquisition means that 23 staff, including eight financial advisers and three trainee advisers will join Quilter Private Client Advisers’ (QPCA) existing regional offices.

Upon completion the managing director of Prescient, Chris Woodhams, retired along with the firm’s director of risk, Hugh Bance.