Actuary buys IFA to boost financial planning arm

Laura Miller
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Actuary Punter Southall group has bought employee benefit and private client financial planning firm Blacktower Financial Advisers.

The transaction with the Surrey-based IFA sees the actuarial firm's private clients rise by nearly 20% to almost 5,000. Punter Southall Financial Management managing director John Hamilton-Hunt said: "Both companies share the same professional, personal approach which seeks to foster long-term client relationships and positive outcomes. "Add to this the fresh thinking and innovation from our investment teams across the group and we can better serve the objectives and expectations of our clients." Blacktower's managing director, Chris Bruce, said: "This is an exciting development fo...

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