iimia Investment Group has acquired Cornwall based independent financial adviser, John Miln & Co, for an undisclosed sum it was announced today.
John Miln, the founder of John Miln & Co, will be involved in the integration of the two businesses and will retire when the process is complete. The staff of John Miln & Co will become part of iimia Wealth Management.
According to iimia, the IFA has more than £200m of funds under advice, which will increase iimia group’s funds under management to over £850m.
According to iimia’s website, the firm is one of the fastest growing financial advice groups in the UK.
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Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till