Clifton Asset Management in talks on 15 more adviser acquisitions

'Fairly developed pipeline'

Sophie King
clock • 2 min read

Consolidator Clifton Asset Management has told Professional Adviser it is in conversation with "14 or 15" advice businesses as potential acquisitions.

Last month, the firm acquired Shrewsbury-based Plan for Life Wealth Management, which it described as the "first step" in a series of targeted acquisitions aimed at creating a regional network of small financial advisory businesses. The firm's group financial planning director Anthony Carty (pictured) told PA the firm was now in conversation with three direct inquiries off the back of its latest acquisition news, and that it was now in conversation with "around 15 businesses" in total. These talks are all at various stages, he said, but five of them were "pretty well advanced". "We ha...

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

Advisers predict growing demand for Business Relief solutions

Advisers predict growing demand for Business Relief solutions

According to investment manager Downing

Sahar Nazir
clock 11 March 2025 • 1 min read
Mark Polson: Advice firms face 'profound transformation' as specialisation grows

Mark Polson: Advice firms face 'profound transformation' as specialisation grows

Regulatory demands and a client-first approach reshaping the role of advisers

Sahar Nazir
clock 11 March 2025 • 2 min read
Calls grow for pensions minister to establish long-term savings commission

Calls grow for pensions minister to establish long-term savings commission

Nucleus urges pensions minister to seek ‘political consensus’ on long-term savings reform.

Jasmine Urquhart
clock 10 March 2025 • 2 min read