Bellpenny has completed two more IFA acquisitions boosting its funds under management by £150m.
The national wealth manager has bought Cambridge-based Ashton KCJ Financial Planning and Horsham-based Principals in Practice. The two latest deals bring its total number of adviser acquisitions to 32. Ashton KCJ Financial Planning has about £60m in funds under management. The business was jointly owned by Ashton KCJ Solicitors and Price Bailey. Principals in Practice brings about £90m in funds under management. Bellpenny's total funds under management hit £3.5bn in July. Bellpenny acquisitions director Dominic Rose said: "From outset, we anticipated that our model would have...
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