Beals group adds £70m FUM with adviser acquisition

The addition of Clinton Kennard brings Beals' total FUM to approximately £250m. Beals group has part-acquired Clinton Kennard with potential plans for full acquisition in the future, the firm said. Both firms are appointed representatives (AR) of Old Mutual Wealth adviser network Intrinsic, an arrangement that will continue post-merger. Clinton Kennard will operate in the financial services part of Beals group offering advice on pensions, investments, protection, mortgages and general insurance, adding its particular specialism in defined benefit transfer advice to the business. Be...