Applewood targets IFAs in acquisition spree

Building on the momentum of last year, which saw the Shropshire-based firm increase turnover by 10%, managing director Karl Hartey says he has big plans for 2010. "We have six acquisition targets for the year," he says. "We are looking to take on two in the first six months." Hartey reveals he is on the verge of acquiring an IFA firm with £15m under management. "I am having conversations with the company now and I'm hoping the guy will say yes because the firm does fit," he says. "We're not trying to buy big firms, but bring in smaller firms and bring new staff into our existing of...