The chief executive of AFH Financial has sold off a significant stake, about £760,000, in the business ahead of its imminent AIM listing.
Adviser consolidator and discretionary wealth manager AFH Financial has raised more than £1.6m via a share subscription which it says it will use to finance future acquisitions.
IFA and discretionary wealth manager AFH Financial Group plans to list on the AIM market of the London Stock Exchange as it eyes future expansion.
AFH Financial Group has announced a number of changes to its board, including the appointment of Paul Wright as chief financial officer.
AFH Financial Group has acquired Stoke-on-Trent based IFA firm SR Wealth Management.
AFH Financial Group has acquired Michael Mac Wealth Management in its nineteenth deal since 2011.
AFH Financial Group has acquired Herefordshire-based IFA Robert Magee & Associates in a deal worth £486,000.
AFH Financial Group has snapped up Welsh IFA AG Financial Planning for £422,000 in what marks its seventeenth acquisition.
Listed IFA AFH Financial has raised a further £500,000 from private investors for acquisitions, although the firm says it has got not targets in mind.
Financial advisory group AFH Financial Group has announced a bond issuance to fuel its acquisition strategy.