Newell Palmer acquires Worcester financial planner

Adding £20m FUM

Victoria McKeever
clock
Newell Palmer has acquired Worcester financial planner Moneyfax fps
Image:

Newell Palmer has acquired Worcester financial planner Moneyfax fps

IFA Newell Palmer has completed the purchase of financial planning firm Moneyfax fps, adding £20m funds under management. The deal is the firm's first acquisition of 2018.

The deal has also added 80 active clients to Newell Palmer's client base. The newly acquired clients will be serviced by Newell Palmer's Bromsgrove office. Based in Worcester, Moneyfax has been offering...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Sarah Lord: "Take this opportunity and be sure to share your views before the consultation closes on 17 December."

Sarah Lord: Building a strong, sustainable and profitable profession

Vision for profession

clock 06 December 2021 • 3 min read
Gillian Hepburn, director of intermediary solutions at Schroders

Advisers should not ignore younger generations - Schroders

PA Working Lunch webinar

clock 03 December 2021 • 2 min read
Pro Adviser Poll: The ongoing fee results are in

Attitudes to ongoing fees look set to remain despite FCA push

Adviser views about ongoing fee arrangements

Jenna Brown
clock 02 December 2021 • 4 min read