UK fee-based wealth advisor Towry Law has acquired Hazlems Financial, a London-based financial advisory firm, for an undisclosed sum. Hazlems, which has 1,200 clients, specialises in employee benefits consultancy and financial planning services to sports, entertainment and medical professionals. It also has offices in Gerrards Cross. A spokesman for Towry Law says the firm will turn Hazlems into a purely fee-based business "imminently". It will also expand Hazlem’s services range to include more employee benefits and fund management within pension schemes rather than third party managers. Hazlems managing director Nick Jones, joins Towry Law as principal consultant for employee benefits. Alistair Urquhart and Jessica Kimberly, formerly financial advisors at Hazlems, also join Towry Law as private client wealth advisors. The acquisition follows two Towry Law takeovers last month, Irish independent financial advisor Analysis and St Andrews-based McGowans.