Foster Denovo acquires John Holman & Sons' IFA business

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Foster Denovo has agreed a deal to acquire the IFA business of independent Lloyds brokerage firm John Holman & Sons.

National IFA Foster Denovo says it will continue to focus on acquisitions throughout the year. Roger Brosch, chief executive, said: "Acquisitions pose interesting opportunities for us, and now form a key part of our growth strategy as we approach RDR. "The acquisition of John Holman and Sons IFA business is a very good fit with this strategic intent, bringing both quality clients and advisors to our thriving City of London office. "It will also enhance and broaden the range of services offered to clients." Andrew Holman, CEO of John Holman & Sons, added: "In light of the ever in...

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