Clifton Asset Management has completed the acquisition of Leonard Gold Financial Management in the first of several deals it hoped to close by the end of the year.
Leonard Gold, a wealth management and financial planning firm based in Southsea, has been an appointed representative (AR) of Clifton Wealth Partnership for the past two years while preparing for the sale. This structure was intended to allow time for clients to transition to Clifton's services and technology. Bristol-based Clifton Asset Management has been associating itself with a number of smaller adviser firms through similar AR deals. It said it hoped to close on four more acquisitions by early 2022 at the latest. Currently, the advice firm firm has two businesses at the heads of...
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