AFH acquires London IFA for £1.2m

The firm paid an initial £595,000 in cash upon completion and has earmarked a further £650,000 to be paid in two tranches over the next 26 months, dependent on the performance of the firm. Taylor Frost will add about £45m to AFH's funds under management and will establish AFH in London, chief executive Alan Hudson said. Following the acquisition Keith Taylor will join AFH as an adviser. Hudson said: "I look forward to working with Keith and our South East based advisers to develop our presence in the capital. Keith has built a strong reputation in the medical and dental sectors which ...