consolidation
Web Financial Services has acquired Bryant Kesek Financial Services (BKFS), as part of a five-year expansion plan.
IFA consolidator Perspective Financial Group has acquired Gateshead-based adviser Vivienne Shepherd, and plans to integrate the practice into one of its existing Newcastle businesses, Rutherford Wilkinson.
Retirement Planner’s round-up of the top pension stories this week.
Other consolidation articles
IFA consolidator Perspective Financial Group has raised a finance facility of £3.5m to fund further acquisitions.
Consolidation vehicle Succession Advisory Services has taken on four member firms in 2012, bringing in combined assets under management (AUM) of some £430m.
IFA consolidator Perspective Financial Group has made its first acquisitions of 2011 to take its tally to 22 since inception three years ago.
IFA consolidator Perspective Financial Group has raised £10.6m for further acquisitions as it aims to add to the 20 business it has already purchased.
Michael Moore (Life & Pensions) has become the latest business to join consolidator Succession Advisory Services.
The international private medical insurance (IPMI) market will see growth in 2011 but with consolidation and increasing demand for add on products and benefits, ALC Health has predicted.
Perspective Financial Group has made its 20th acquisition with the purchase of Leedham Independent Financial Advisers.
Perspective Financial Group has acquired Equilibrium Wealth Management, bringing its total number of acquisitions to 19.
Succession has hit out at firms purchasing IFA businesses merely to increase funds under management, warning advisers themselves are hugely undervalued in the current climate.
Succession Advisory Services will consolidate about a quarter of its 30 member firms ahead of schedule after investment boutique Spearpoint acquired a majority stake in the business.
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