Growing consolidator Independent Wealth Partners (IWP) has acquired Scottish financial planning firm AGL Wealth Management.
With two offices in Glasgow and Edinburgh, the acquisition of AGL marked IWP's seventh acquisition and saw the firm cross the £2bn line in client assets. The AGL team moving to IWP includes five wealth...
Deal was announced in June this year
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Positive and negative emotions
Acquired £1.25bn in AUM
Will add around £175m in AuM
39th deal since 2008
AFH Financial Group has received a £224.5 million cash offer to take over the business from US-based private equity company Cortina Bidco.