Acquisition increases wealth manager’s south west presence
Wealth manager AFH has bought another advisory business as it continues its busy year of acquisitions.
It has purchased Duchy Wealth Management, based in Truro, Cornwall, in a deal worth up to £630,000. Half has been paid up front, with the remainder being dependent on performance over the next two years.
AFH chief executive Alan Hudson believes the deal "enhances our position in the South West of England".
He added: "This thirteenth purchase of an IFA businesses during the current financial year demonstrates the continued h... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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