GDG’s Evidentia takes Encore Advisory

Evidentia Group has made one of its first major acquisitions since being acquired by Generation Development Group entering into a binding agreement to acquire financial advice practice management consulting business, Encore Advisory Group.

Evidentia said Encore’s management team of Mark Zaglas and Brendan Johnson will become part of Evidentia Group, with Brendan Johnson heading up a new Business Consulting division, reporting to Evidentia Group’s CEO, Michael Wright.

The announcement said Zaglas would continue to lead Encore with the firm’s brand continuing.

Commenting on the move, Wright said Evidentia regarded Encore a the leading practice management and advisory business in the market, and bringing Encore and Evidentia Group together would deliver significant value to our current and future clients.

“Many in our Group know and have worked with the Encore team previously. The alignment of values was a key attraction in working together again and creating a new Business Consulting division enables us to continue to invest in capabilities that add specialist value to our clients,” he said.

“Our consulting services are considered one of our key competitive strengths, making us the go-to partner for Advisers and empowering firms to perform and grow. This acquisition will allow us to deepen and broaden our current consulting offering and to add new services to all Evidentia Group client segments.”

Zaglas said joining Evidentia Group enables the firm to help more people, grow more businesses, and make an even greater impact for many more years to come.