Two more firms have joined Succession Advisory Services, adding £100m in funds under management (FUM) to the consolidation vehicle.
Nottingham-based high net worth IFA Arden Court Group is to be acquired by discretionary wealth manager AFH Financial for an initial consideration of £362,000.
Web Financial Services has acquired Bryant Kesek Financial Services (BKFS), as part of a five-year expansion plan.
IFA consolidator Perspective Financial Group has acquired Gateshead-based adviser Vivienne Shepherd, and plans to integrate the practice into one of its existing Newcastle businesses, Rutherford Wilkinson.
Retirement Planner's round-up of the top pension stories this week.
IFA consolidator Perspective Financial Group has raised a finance facility of £3.5m to fund further acquisitions.
Consolidation vehicle Succession Advisory Services has taken on four member firms in 2012, bringing in combined assets under management (AUM) of some £430m.
IFA consolidator Perspective Financial Group has made its first acquisitions of 2011 to take its tally to 22 since inception three years ago.
IFA consolidator Perspective Financial Group has raised £10.6m for further acquisitions as it aims to add to the 20 business it has already purchased.
Michael Moore (Life & Pensions) has become the latest business to join consolidator Succession Advisory Services.