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

Targeted support signals evolution in advice delivery

Targeted support signals evolution in advice delivery

Softer launches expected at first

Isabel Baxter
clock 10 April 2026 • 1 min read
CII: Vulnerable client management is 'an opportunity for growth'

CII: Vulnerable client management is 'an opportunity for growth'

Firms can expand potential client bases

Isabel Baxter
clock 07 April 2026 • 2 min read
Common language used by advisers triggers anxiety and distrust among retirees

Common language used by advisers triggers anxiety and distrust among retirees

Product-led communication one of the biggest drivers of mistrust

Laura Purkess
clock 01 April 2026 • 1 min read