International investment firm MitonOptimal has acquired Midlands-based IFA Central Investment Planning, adding assets under advice of more than £100m.
MitonOptimal said Central Investment Planning will enable it to develop its bespoke portfolio management offering by complimenting its existing model portfolio service and multi-asset fund range. Central Investment Planning, which offers investment advice to high net worth clients, will become MitonOptimal Portfolio Management to bring it in line with the wider group, MitonOptimal said. "With increased regulation for boutique investment businesses, MitonOptimal was a logical choice to partner for the future," said Central Investment Planning director Sandy Baker. "We wish to focus ...
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