IFA Conforto appoints new chairman

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Fee-based IFA Conforto has appointed former Ernst & Young senior partner Peter Klauber as chairman, in preparation for the next stage of its expansion plans.

The company has seen its assets under advice (AUA) more than double to £125m in the past four months, following its July acquisition of The McCroddan Partnership and the takeover of Christie Scott’s last month. Conforto hopes Klauber, who has 30 years experience as a chartered accountant, can spearhead the company’s push to build £500m in AUA. “We first met Peter when he was advising us on our expansion strategy and he was sufficiently convinced of our potential to want to work with Conforto,” managing director Andy Sutton says. “He brings a wealth of experience and expertise to Confo...

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