AJ Bell acquires platform phone app developer Adalpha

Developing app for advisers

Tom Ellis
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AJ Bell chief executive Andy Bell.
Image:

AJ Bell chief executive Andy Bell.

AJ Bell has bought Adalpha, a start-up company developing a mobile platform proposition for financial advisers, for an undisclosed fee.

AJ Bell said the acquisition was focused on improving its service to financial advisers, rather than its D2C proposition. The platform business, which has £55bn assets under administration between its...

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