Craven Street Wealth acquires Bernard Barrett Associates Limited with funding from Shawbrook

Financial Advisor Meeting

At a glance

    • Craven Street Wealth group has expanded its portfolio with the acquisition of Bernard Barrett Associates Limited
    • The acquisition has grown the group’s services to 18 Financial Planners who advise on £1.2 billion of assets under management
    • Shawbrook has supported Craven Street Wealth Group with multiple transactions, following the acquisition of Kreston Reeves Financial Planning Ltd and Christchurch Investment Management Ltd in 2021 and Tarvos Wealth Ltd in 2022

Make an enquiry to find out how Shawbrook can support your business.

Make an enquiry

Expanding the group’s portfolio

Craven Street Wealth has acquired Bernard Barrett Associates Limited as part of its buy and build growth strategy. Shawbrook supported the acquisition with a Commercial Loan incorporating the refinance of the client’s existing facilities and a committed accordion facility.

Craven Wealth Management is an award-winning independent chartered financial planning and wealth management firm. The group was created by the London based corporate finance firm, Craven Street Capital Ltd, following the acquisitions of Kreston Reeves Financial Planning Ltd and Christchurch Investment Management Ltd in March 2021.   

Bernard Barrett Associates have over 40 years’ experience in the financial planning industry and shared values of trust, integrity, experience and expertise to provide the highest standard of advice.

Having previously supported Craven Street Wealth (CSW) with multiple acquisitions, including the double transaction in March 2021 and the acquisition of Tarvos Wealth Ltd in 2022, Shawbrook structured a new £13m Commercial Loan which combined a refinance of the client’s existing arrangement and a committed accordion facility that allowed for deferred consideration payments over the next 12-months.


“We’ve worked with the team at Shawbrook on quite a few transactions over the years and they are well attuned to our strategy."

- Tom Barnett, Craven Street Wealth

Bernard Barrett and Stuart Bates comment:

“It was clear from our initial discussions that CSW would be a great fit for both our clients and our staff, with welcoming and down to earth people who have a wealth of experience and expertise. What is of the utmost importance is that Craven Street Wealth upholds the same core values we always strive for, putting clients at the heart of everything, aiming for excellence and building long-term relationships based on trust and integrity. This is an exciting opportunity for everyone involved, with Craven Street Wealth presenting a forward thinking and dynamic team.  We are very much looking forward to driving that success, as well as being a part of it.”


Craven Street Wealth Managing Director, Tom Barnett is “Delighted to welcome the Bernard Barrett Associates clients and team to the Craven Street Wealth group at an exciting time for our growth plans in London. From our early interactions with Bernard and Stuart I was sure that the team and their approach to client care would fit naturally into the culture at Craven Street Wealth and therefore whilst representing a change for all, I am confident the future will also hold a high level of continuity of these core values. For Bernard, who has developed the business over most of his long career in financial services, I am pleased that after much deliberation he has entrusted the business on to us and will continue to provide his support. Stuart will also be joining the management team in Craven Street Wealth and contribute his knowledge and experience directly to the continued growth of the Group."


Tom Barnett, Craven Street Wealth added:

“We’ve worked with the team at Shawbrook on quite a few transactions over the years and they are well attuned to our strategy. As a result, they very quickly crafted a refinance facility to support this latest acquisition which in turn will enable our joint clients to benefit from improved investment solutions, technological benefits and more competitive pricing terms with providers and suppliers.”


Steven Munt, Senior Director at Shawbrook, said:

“Craven Street Wealth have a strong, credible management team and a very ambitious strategy to drive growth in the business. This latest acquisition integrates Bernard Barrett Associates into their well invested core platform and facilitates economies of scale for both parties. We look forward to seeing the two businesses flourish as they support more clients with their financial planning and wealth management requirements.”

How can we help you build your business?

Our team of experts across the UK are ready and waiting to speak to you about how we can help you realise your business aspirations. Use our enquiry form to get in touch, or contact the team directly through our contact page.

Make an enquiry

Take your business forwards

Find the right specialist finance your business needs

Speak to an expert

Contact our team to see how we can help you grow your business

Read our latest news

The latest news from our business finance team including case studies, technology updates and more

Corporate Lending Enquiry Form

For your safety, please do not send security details such as passwords by email.

Fields marked with an asterisk are mandatory.

About your business

How can we help you?

We can offer funding lines from £1 million

By clicking the “Submit” button below, you acknowledge that we will use your information as set-out in our privacy notice. If you would like a paper copy of our privacy notice you can print a copy from our website or contact us on 01277 751 110. Our lines are open Monday to Friday, 9am to 5.30pm excluding bank holidays.