Simon Chamberlain's consolidation vehicle Succession Advisory Services has signed up Scottish accountancy firm Campbell Dallas Financial Services (CDFS) - keeping it on track to hit its five-year target of £7bn funds under management (FUM).
Succession says it will use its Scottish 'hub' to acquire other businesses in the country while CDFS says joining Succession will aid its transition to a post-RDR world. With £200m FUM, the signing up of CDFS marks a significant step towards achieving Succession's goal of bringing in £7bn in funds under management and attracting 85 firms over a five-year period. A spokesperson for Succession, whicih launched in May last year, says the acquisition of CDFS brings its total FUM to "well over £2bn" CDFS is Scotland's third largest independent chartered accountancy, having expanded i...
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