Tavistock expands further with IFA purchase

Tavistock bought the IFA for £350,000 plus a deferred £156,000 subject to it meeting agreed performance criteria. The firm will become a subsidiary of advice arm Tavistock Partners and will see managing director Tim Mears head up Tavistock's new regional operation in the South West. Tavistock plans to to assemble a national financial services business, including a national network of self-employed advisers. It most recently acquired IFA Sutcliffe Solloway Financial Planning and its parent Cornerstone Asset Holdings in April. Duchy, which has offices in Truro and St Ives, had net...