UK financial planning firm Skerritt Consultants has selected Ascentric as the wrap platform for its growing wealth management business.

Skerritts, which currently advises on £200 million ($321 million) in assets, has recently been on the acquisition trail, buying Watkins Oram on the south coast and London-based firm Huntington Investments.

Skerritts said it aims to move new and existing assets into a single, more flexible and cost effective environment and is currently collaborating with Ascentric to build a robust process for migrating assets without compromising ongoing client servicing.

“The people at Ascentric are dynamic and supportive, which, when backed by their market-leading technology, means that we can take our client services to the next level,” said Richard Skerritt, managing director at Skerritt Consultants.

“Their technology service is not only cost effective but intuitive, meaning that we can proactively move new and existing assets into a single, flexible environment. The Ascentric platform will be the engine behind our plans for growth.”