Newell Palmer has acquired Wolverhampton-based IFA Treble Investments, in its fifth acquisition of 2017, adding £25m to the firm's funds under management (FUM).
This latest acquisition will take the firm's total FUM in excess of £1.7bn, as it aims to surpass £2bn mark. It is Newell Palmer's fourth acquisition this year to be facilitated by professional IFA introducers, Boston Bailey Group, with a number of further acquisitions planned during the next 12 months. Treble Investments has been advising clients in the West Midlands and surrounding areas for more than six years, building up a 250-strong client base. These clients will be serviced by Newell Palmer's Wolverhampton office, taking the firm's total recurring income to approximately £8.5m...
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