Wealth manager Ascot Lloyd is seeking to list on the Alternative Investment Market (AIM) to fund its plans of becoming a national IFA, the company has confirmed.
The independent advice firm is currently in talks with investors about the possible listing but would divulge no further details at this stage. A spokesperson for Ascot Lloyd said: "Ascot Lloyd is currently in the process of meeting potential investors, with a view to raising funds for future expansion through a flotation on the Alternative Investment Market. "Further details will be released in due course." AIM is the London Stock Exchange's market for smaller, growing companies. Ascot has plans to become a national IFA by acquiring small IFAs it deems a "good strategic and cul...
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