Consolidator Attivo Group acquires 200-client IFA

clock

Adviser firm consolidator Attivo Group has acquired Reading-based IFA Sanderson Financial Consulting for an undisclosed sum - the first of what it hopes will be 12 purchases in 2015.

Sanderson has 190 active clients, £16m funds under management and a recurring income of more than £130k per year, Attivo Group said in a statement. It markets itself as a specialist in building and running investment portfolios for those with more than £100,000 in investable assets. Attivo Group comprises five propositions including independent Chartered firm Attivo Financial Planning and discretionary investment manager Attivo Investment Management. It also has SIPP and SSAS arms. Chief executive Stephen Harper (pictured) said: "We have set ourselves the challenging target of 12 a...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Considering client emotions: Dealing with post-Budget anxiety

Considering client emotions: Dealing with post-Budget anxiety

Advisers need to understand client emotions during 'turbulent times'

Isabel Baxter
clock 01 November 2024 • 4 min read
Well-trailed Autumn Budget 'not as dramatic as expected'

Well-trailed Autumn Budget 'not as dramatic as expected'

Although speculation around pensions tax-free cash was ‘unhelpful’

Isabel Baxter
clock 01 November 2024 • 4 min read
Feel Good Friday: Succession Wealth raises £30,000 for cancer charity

Feel Good Friday: Succession Wealth raises £30,000 for cancer charity

Wealth firm hosts its annual charity golf tournament

Professional Adviser
clock 01 November 2024 • 1 min read