DFM Waverton Investment Management acquires London-based IFA

TJ&P founder and managing director Tim Whiting said the deal would boost the firm's purchasing power and help it create lower cost investment products.  "The main objective for me is to have a bigger balance sheet so I can make purchases of retiring IFAs," he said "The second reason is I think we need more control over our investment part of the business." TJ&P currently manages £1.1bn in funds and brings in £2m a week of new investment business. It manages the finances of high-profile clients, including actors and actresses. Whiting said with Waverton, which has £6.2bn assets unde...