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

DFM enters administration after FCA restrictions

DFM enters administration after FCA restrictions

EGR Wealth agreed to a voluntary requirement in July

Isabel Baxter
clock 26 August 2026 • 2 min read
Aberdeen Investments eyes real estate funds merger to create £700m strategy

Aberdeen Investments eyes real estate funds merger to create £700m strategy

Expected to complete by mid-November

Patrick Brusnahan
clock 26 August 2026 • 2 min read
Chesnara reports surging demand for UK onshore bonds

Chesnara reports surging demand for UK onshore bonds

Points to recent tax legislative changes

Jen Frost
clock 25 August 2026 • 2 min read