FOR SUSTAINABLE, PROFITABLE, CLIENT-FOCUSED ADVISER FIRMS
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Adds £200m AUA
£500,000 annual fee income
Second acquisition in two days
Initial price of £257,000 in cash
Responds to press reports
Adds £130m assets under influence
Adding £20m FUM
Brings in total fee income of £850,000
£60m AUM to Sanlam UK
Made 14 acquisitions in 2017