GALLIVAN Financial, which owns the Limerick-based financial advisors FJ Hanly and Associates, is expanding into the Dublin market for the first time.
Killarney-based Gallivan Financial, who acquired FJ Hanly and Associates last year, is now buying Dublin-based Mount Street Group and Tralee-based Kelly O’Shea Pensions and Financial Services for an undisclosed sum.
These acquisitions will increase Gallivan Financial’s total assets under management (AUM) to more than €650million.
With several additional deals currently in exclusivity, Gallivan is now on track to surpass €1billion in AUM by the end of this year.
Fergal Smith, Gallivan Financial managing director, said:”We’re excited to welcome the Mount Street and Kelly O’Shea teams to Gallivan Financial. From the outset, it was clear that our shared values and commitment to client-focused advice were strongly aligned.
Gallivan Financial is majority-owned by the Gallivan family, who previously sold Gallivan Murphy Insurance Brokers to US-based Assured Partners in 2022.
Gallivan Financial was not part of that transaction and has now embarked on a significant growth trajectory.