Clifton AM to acquire Portsmouth advice firm

In talks with 13 firms

Sophie King
clock • 2 min read

Clifton Asset Management has agreed to acquire Southsea-based firm Leonard Gold Financial Management and has said it is in talks with as many as 12 or 13 other businesses.

Leonard Gold Financial Management, which was originally part of Leonard Gold Chartered Accountants, will initially join the Clifton Wealth Partnership as an appointed representative with the downstream purchase set to take place in two years' time.  Clifton Wealth Partnership is a subsidiary of Clifton AM. It launched in June to allow smaller advice firms to compete with larger rivals by providing access to services and products under the Clifton umbrella.  Clifton group financial planning director Anthony Carty (pictured) said: "It's a bit of a leap of faith selling a business and so...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

'It's about starting fresh': Oakglen Wealth's financial planning entry

'It's about starting fresh': Oakglen Wealth's financial planning entry

MD Chris Hall on the HBFS acquisition, organic growth and Jersey differences

Isabel Baxter
clock 05 September 2025 • 4 min read
Evelyn Partners to begin sale process next month – report

Evelyn Partners to begin sale process next month – report

The UK wealth management firm to kick off process in October

Sahar Nazir
clock 04 September 2025 • 1 min read
Brooks Macdonald profits slump 4.6% as FUMA rise to £19.2bn

Brooks Macdonald profits slump 4.6% as FUMA rise to £19.2bn

Revenues at the wealth manager also jump

Linus Uhlig
clock 04 September 2025 • 2 min read