Ascot Lloyd acquires Aberdeen-based firm and posts £30m loss

Eight IFAs

clock • 2 min read
Ascot Lloyd acquires Aberdeen-based firm and posts £30m loss

National IFA Ascot Lloyd has acquired Aberdeen-based Central Investment Services, a purchase that will add £761m assets under management.

The Scottish firm will also add eight IFAs and a team of support staff to Ascot Lloyd. The announcement of the acquisition came on the same day the national Ascot Lloyd posted a £30m loss in its...

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