Adviser consolidator Succession group has bought DNG Financial Solutions, its fourteenth member firm buyout en route to a target of 50 firms by end 2017.
Succession bought the Daventry and Northampton based firm for a total of £2.9m. DNG joined Succession as a member in 2010 and has since doubled its funds under management to £90m, managing director Peter Dubber said. Related reading: Succession unveils DFM plans as platform profits rise to £1.4m "We joined Succession as a member firm in 2010 to benefit from the strategic and operational changes necessary to reflect the Retail Distribution Review and focus on profitable growth. "This acquisition is the next stage of our journey and reflects our shared ethos to deliver profess...
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