Consolidator Clifton Asset Management has told Professional Adviser it is in conversation with "14 or 15" advice businesses as potential acquisitions.
Last month, the firm acquired Shrewsbury-based Plan for Life Wealth Management, which it described as the "first step" in a series of targeted acquisitions aimed at creating a regional network of small financial advisory businesses. The firm's group financial planning director Anthony Carty (pictured) told PA the firm was now in conversation with three direct inquiries off the back of its latest acquisition news, and that it was now in conversation with "around 15 businesses" in total. These talks are all at various stages, he said, but five of them were "pretty well advanced". "We ha...
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