Bellpenny buys second accountant-tied IFA firm this month

Price Bailey is one of the UK's top 30 accountancy practices. The deal involves 1,700 of Price Bailey's active clients and funds under management of £150m. It also encompasses an ongoing referral arrangement for accountancy practice clients. Meanwhile, Price Bailey will move forward with a smaller advisory team that will focus entirely on ultra-high net worth clients and employee benefits. The deal with Price Bailey is the second major acquisition of an accountancy firm's IFA arm that Bellpenny has completed this month, following the purchase of Tunbridge Wells based Foot Davson Fi...