Gallivan Financial, a leading financial planning and wealth based in Killarney, has announced the acquisition of FJ Hanly & Associates, a respected financial advisory company in Limerick.

This acquisition will significantly increase Gallivan Financial's assets under management to over €400 million.

The company has ambitious growth plans, aiming to reach €1 billion in assets within the next 18 months through both organic growth and further acquisitions.

Gallivan Financial, majority-owned by the Gallivan family, has been on a strong growth trajectory since its separation from Gallivan Murphy Insurance Brokers in 2022.

The acquisition will strengthen Gallivan Financial’s position as a leading pension and investment firm in Munster. It will also enhance the company's ability to provide comprehensive financial advice to its clients.

Fergal Smith, Managing Director of Gallivan Financial, expressed his enthusiasm for the acquisition, highlighting the importance of trust, honesty, and dedication in building long-lasting relationships with clients.

The acquisition of FJ Hanly & Associates marks Gallivan Financial's second acquisition in the past 16 months.

In May 2023, the company acquired Killarney-based broker Vincent Casey Life & Pensions, further solidifying its position in the market.

Gallivan Financial has also strengthened its leadership team with the addition of Xavier Woodward as Chairman and Niall O'Mara as Chief Financial Officer.