HFMC Wealth acquires Generic Financial Management for £3m

'Will help cope with ever-increasing regulatory burden'

Jeremy Hoyland: "We continue to work on other potential acquisitions with like-minded wealth planners and financial planning firms and expect further deals to be agreed during the next year."
Jeremy Hoyland: "We continue to work on other potential acquisitions with like-minded wealth planners and financial planning firms and expect further deals to be agreed during the next year."
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HFMC Wealth has acquired Generic Financial Management for £3m, adding 270 clients and £150m of assets under advice and management to its books.

The deal has also seen a number of new recruits added to the team as well as £950,000 of annual recurring revenue. Two directors of Generic Financial Management, David Verne and Marc Ruse, have become...

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