Thinc Group, a subsidiary of Axa, has acquired Maidstone-based IFA Cameron Scott for an undisclosed amount. The acquisition is its second in two months.
Cameron Scott adds 18 advisers to Thinc, headed by John Simmonds, Thinc’s chief executive. Last month Thinc expanded into the corporate benefits market with the acquisition of PIFC Consulting. It also signed a distribution partnership deal with asset manager F&C Investments to use the F&C Lifestyle range as its active managed investment product. Thinc Group and IFA group Destini Financial Services merged in 2000. Axa bought the group in November 2006. To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034 2679 E-mail: [email protected] IFAonline
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