Tilney is set to acquire Midlands-based Index Wealth Management, with its £243m assets under management (AUM), subject to regulatory approval.
The acquisition is expected to boost Tilney's presence in the Midlands and will see three Chartered financial planners and three paraplanners join the business. Index Wealth Management founding partner Les Phillips said the firm had been thinking of joining a bigger business for some time. "We are very proud of the business we have built over the last 14 years but have also been thinking carefully about the future," he said. "Over time we have come to recognise the benefits of becoming part of a bigger group, with significant resources." Tilney appoints new head of financial p...
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