IFA Conforto set for further expansion

The company says the extra income will be used to finance organic growth at the firm and potentially for further acquisitions to build on recent deals. The fund-raising is the latest stage in the expansion of the company which has seen assets under management grow from £50m to £125m in less than a year. Andy Sutton, Conforto's managing director, says the success is a real vote of confidence in our business model from existing shareholders and by new investors keen to back the companies' expansion plans. "It is also an indication that there is genuine interest in IFA businesses from...