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 on Iran war: 'My advice goes well beyond just saying don't panic'

Advisers on Iran war: 'My advice goes well beyond just saying don't panic'

‘Clients are naturally concerned’

clock 11 March 2026 • 5 min read
The capacity trap: Why advice firms can't hire their way out of the admin crisis

The capacity trap: Why advice firms can't hire their way out of the admin crisis

'You cannot outrun a broken process by adding more people to it'

Stuart Breyer
clock 10 March 2026 • 3 min read
The enduring value of advice in an era of DIY investing

The enduring value of advice in an era of DIY investing

'The debate is about execution and consistency'

Chris Ball
clock 10 March 2026 • 4 min read