National IFA firm Ascot Lloyd had said it has agreed terms of eight acquisitions that will complete before the end of the year.
The firm recently completed a double acquisition by purchasing Stockport-based Prest Financial Planning and Bromsgrove-based QS Financial. Those two deals added an accumulative £400m in assets under management...
Creation of chief commercial officer role
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams