Consolidator AFH has announced its intention to raise £15m from its latest share issue, at 370p per share, with a view to providing "a strong platform" to finance further acquisitions in the advice market.
In a statement, AFH said it intended to continue to execute its strategy of making selective acquisitions and increasing its "national footprint", while providing "a professional and cost-effective service...
2020 full year results
Alongside current backer Synova
Equilibrium Financial Planning managing partner Gaynor Rigby is to leave the business this summer after 11 years with the Wilmslow-based firm.
Deal struck in 2019
Specialises in large estates
Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020