Meritor deal signals AFH's professional connection ambitions

‘Pathway to work’

Julian Marr
clock • 1 min read

AFH has signalled its professional connection ambitions with the acquisition of the client portfolios of Meritor, the financial advisory business of national legal practice Freeths, for up to £0.53m.

According to the financial planning-led wealth management firm, the deal is expected to add approximately £330,000 of annual recurring revenue and the initial consideration is £330,000 in cash, funded from its existing cash resources. Under the terms of the acquisition, it added, further deferred consideration will be payable in cash over the next 14 months, subject to performance criteria of the assets acquired being achieved and up to a maximum purchase price of £0.53m. Financial adviser Karen Pincher will join AFH's advice team as part of the deal and will continue to work with Fre...

To continue reading this article...

Join Professional Adviser for free

  • 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
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Culture is the most effective risk tool wealth managers are missing out on

Culture is the most effective risk tool wealth managers are missing out on

'Understanding a firm's culture is understanding its risk profile'

Bev Shah
clock 09 January 2026 • 5 min read
FCA sets October 2027 date for implementation of cryptoasset rules

FCA sets October 2027 date for implementation of cryptoasset rules

Issues further guidance

Michael Nelson
clock 09 January 2026 • 1 min read
WH Ireland shareholders back Team takeover in key vote

WH Ireland shareholders back Team takeover in key vote

FCA clearance still required

Sahar Nazir
clock 09 January 2026 • 3 min read