One Four Nine hits £1bn with sixth acquisition

Completed less than a year since One Four Nine’s inception

Ayesha Venkataraman
clock • 2 min read

National IFA and fund management group One Four Nine has bought Nottingham-based HFL Financial Advisers (HFL).

The acquisition, completed less than a year since its inception in October 2021, brings its assets under management (AUM) to £1bn on behalf of 3,000 clients across the UK. Additionally, the group now has 80 team members, it said. HFL was established in 2013, offering advice on pensions, investments, mortgages and financial protection. This marks the group's sixth purchase, expanding its footprint into the East Midlands. One Four Nine also said that it has entered a long-term financing arrangement with Cordet Capital Partners. This financing, along with the support of its equity partne...

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