IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.
The IFA provides national coverage, £100m of funds under management and more than 1,000 active clients. The acquisition follows two accountant-tied IFA purchases in May this year, Price Bailey and Foot Davson. The purchase brings total assets under management for the group to £850m and is the 9th acquisition. Bellpenny chief executive Kevin Ronaldson (pictured) said: "Six months on from implementation of the Retail Distribution Review (RDR), we're seeing no evidence of a decline in interest from prospective sellers of IFA businesses. "This has enabled us to remain very selectiv...
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