Clifton AM acquires Aberdeen adviser firm

£860m AUM

clock • 2 min read
Anthony Carty, group financial planning director at Clifton Asset Management
Image:

Anthony Carty, group financial planning director at Clifton Asset Management

Consolidator Clifton Asset Management has completed the acquisition Burnett & Reid Wealth Management in the first of several deals it hopes to close as it accelerates its ‘buy and build’ strategy.

Aberdeen-based Burnett & Reid Wealth Management, which has been operational since 1991, has assets under management (AUM) of £180m. Its purchase will take Clifton's total AUM to £860m, with group r...

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