Financial planning and wealth management Gallivan Financial has agreed to acquired the Dublin-based Tara Financial Partners for an undisclosed sum.
The deal is subject to customary regulatory approvals and is expected to be completed in a number of weeks.
Tara will be Killarney-based Gallivan Financial’s third acquisition of the year and fifth in the past two years.
The acquisition will also bring Gallivan’s total assets under management (AUM) to over €850m and provide the company with a presence in the capital.
With additional transactions currently in exclusive negotiations, Gallivan Financial remains on track to exceed €1bn in AUM by year-end.
Following the opening of its new state-of-the-art head office in Killarney, the firm is well positioned to support continued growth across Ireland.
“We’re thrilled to welcome the Tara Financial team into the Gallivan family. Their client-focused philosophy and commitment to personalised advice align with our own values,” said Fergal Smith, managing director of Gallivan Financial.
“This acquisition enables us to deepen our reach in Dublin, while also reinforcing our national expansion strategy.”
Since it was established in 2014, Tara has grown its client base to over 700 and now manages approximately €185m in assets, serving individuals and businesses across Dublin and beyond.
With a reputation for personal service, integrity, and tailored advice, it has built trust by putting clients first at every stage.
“After years of helping clients navigate life’s financial challenges with patience and care, we recognised the benefit of partnering with a larger firm that shares our values,” said Conor Martin, founder and managing director of Tara Financial.
“With Gallivan Financial, I’ll remain actively involved to ensure continuity, support our clients through transition, and help grow their future opportunities.”
“Together, we will continue to deliver trusted, personal advice with the backing of expanded resources and a shared commitment to long-term client success,” Smith said.
“Tara’s clients will continue to receive personalised service from their trusted financial advisor, while Tara will benefit from the enhanced resources, technology and expertise of the wider Gallivan Financial Team.”
Gallivan Financial has acquired Tara Financial Partners.
Earlier this year, Gallivan Financial acquired Mount Street Group, which was its first move into the Dublin market, and Tralee-based Kelly O’Shea Pensions & Financial Services for an undisclosed sum.
Gallivan Financial is majority-owned by the Gallivan family, who sold its Gallivan Murphy Insurance Brokers (GMIB) business to US-based Assured Partners in 2022.
Gallivan Financial was not part of that transaction and is now engaged in a significant expansion strategy.
Photo: back row (l-r) Tadgh Gallivan, Gallivan Financial Founding Director, Fergal Smith, Gallivan Financial Managing Director an Annamaria Gallivan, Gallivan Financial Founding Director. Front row (l-r) Conor Martin, Tara Financial Founder & Managing Director and Níamh Kelly, Tara Financial Head of Compliance. (Pic: Supplied)