Consolidator Attivo Group acquires 200-client IFA

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Adviser firm consolidator Attivo Group has acquired Reading-based IFA Sanderson Financial Consulting for an undisclosed sum - the first of what it hopes will be 12 purchases in 2015.

Sanderson has 190 active clients, £16m funds under management and a recurring income of more than £130k per year, Attivo Group said in a statement. It markets itself as a specialist in building and running investment portfolios for those with more than £100,000 in investable assets. Attivo Group comprises five propositions including independent Chartered firm Attivo Financial Planning and discretionary investment manager Attivo Investment Management. It also has SIPP and SSAS arms. Chief executive Stephen Harper (pictured) said: "We have set ourselves the challenging target of 12 a...

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