Consolidator Bellpenny has completed two more IFA acquisitions bringing an additional £56m in funds under management and more than 250 clients.
National wealth manager and consolidator Bellpenny has acquired two IFA firms with a combined £84m funds under management (FUM).
National advice business Bellpenny has acquired a Surrey-based IFA, adding 500 active clients and £40m in assets.
Advice firm Bellpenny has established a south east regional hub after acquiring Essex-based IFA Unizone.
The hunted: Fresh trends in adviser acquisitions
IFA acqiurer Bellpenny has added more than 1,000 active clients and some £108m in funds under management after acquiring Glasgow IFA Reid, Scott & Ross.
Accountancy and advisory group Price Bailey could receive up to £1.2m from the sale of its £150m financial planning arm to IFA acquirer Bellpenny last year, though the final sum is expected to be marginally less.
Skipton Building Society is to sell its advice arm Torquil Clark to national wealth manager Bellpenny for an undisclosed sum.
National wealth manager and IFA acquirer Bellpenny has completed the acquisition of Hansen Lloyd Asset Management (HLAM) in a deal involving £75m of funds under management (FUM).
National wealth manager and IFA acquirer Bellpenny has completed its biggest acquisition to date with the purchase of MDM Associates, adding a further £322m to its funds under management (FUM).