Tenet buys client assets of Preston-based adviser firm Colin Galbraith

Colin Galbraith, who is principal at the firm, has been a Tenet network member for more than 24 years and Tenet said the sale had been carried out as part of his succession planning for retirement.   The acquisition was made as part of Tenet's practice buyout scheme, which was created to offer its network member firms an exit strategy for retirement. The acquisition follows the purchase of Preston-based wealth management firm Derbyshire Booth, which Tenet bought in April this year. The firm shares the premises with Elementum, a firm Tenet acquired in October 2018. 'Peace of mind' ...