Recently launched consolidator Absolute Financial Group (Absolute) is already in conversations with IFA firms and is making regional expansion a part of its strategy, with a view to building out as many as seven regional hubs.
Put to the market in August this year, independent financial advice consolidator Absolute has backing from Inflexion Private Equity and an experienced leadership team drawn from across the sector. The group is headed by former CMS Wealth CEO David Carter and Tatton Asset Management and Perspective Financial Group founder Paul Hogarth, serving as non-executive chairman. "The ambition with Absolute is to reach more people with the same view we believe in strongly: independence," Carter told PA. "The market is moving away from independence. Typical consolidators tend to have a vertical i...
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