Attivo makes seventh IFA acquisition of the year

Carmen Reichman
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Adviser consolidator Attivo has acquired its seventh firm this year with 180-active-client IFA C R Toogood Financial Planning.

Surrey-based Toogood FP, which has a total of 2000 clients 180 of which are active, marks one of the larger acquisitions by Attivo, which usually focuses on buying client banks that are relatively small - around the 150 client mark. The buyout follows Attivo's takeover of Welsh firm Davies, Edmunds & Co in August and brings it a step closer to reaching its target of 12 firms by year end. The national financial planning and investment management company was founded in 1998 by chief executive Stephen Harper (pictured) and currently controls £500m of client funds with a three-year plan t...

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