Prosperis secures acquisition of AJ Hird

Adds £40m AUM

Ayesha Venkataraman
clock • 1 min read

Harrogate-based IFA Prosperis has acquired the financial services business AJ Hird for an undisclosed fee.

This deal marks the third acquisition by the IFA during 2021, adding £40m of assets under management (AUM) to the firm, giving Prosperis a total of more than £300m AUM. In addition, a fourth acquisition deal remains in the pipeline, according to Niall Gunn, managing director of Prosperis. Prosperis' chairman Paul Meehan said: "We believe this is a great deal for the clients of A J Hird. We will preserve and enhance the personal service being currently provided and look forward to welcoming all their clients to the group in due course." The current managing director of AJ Hird, Chris C...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers seeing clients 'stretch finances' to afford private school

Advisers seeing clients 'stretch finances' to afford private school

Parents ‘stretching finances’ to finance private education

Sahar Nazir
clock 16 April 2024 • 1 min read
FCA's Howard: Firms' culture must change to attract female talent

FCA's Howard: Firms' culture must change to attract female talent

‘We need a different and better mix of advisers and advice’

Jenna Brown
clock 16 April 2024 • 4 min read
Trade bodies should sponsor new talent initiatives, industry says

Trade bodies should sponsor new talent initiatives, industry says

‘Trade bodies and FCA are both funded by us so should be giving back more’

Isabel Baxter
clock 15 April 2024 • 1 min read