KFA, a chartered financial planner business, marks Benchmark’s second acquisition in Northern Ireland, following its deal for Waterhouse Financial Planning in May last year. Benchmark is building a hub in Derry, adding £80 million ($98.5 million) in assets, strengthening the local team and accelerating growth in Northern Ireland, it said in a statement yesterday.

Business and staff at KFA will become part of Benchmark Financial Planning, and will move to the firm’s new premises in Derry. 

“Our partnership with Benchmark marks an exciting development in the next chapter of KFA that will provide security and stability for our clients and our staff. We pride ourselves on our personal approach and working with client’s long-term goals in mind,” Michael Kennedy, managing director, Kennedy Independent Financial Advice, said.