One Four Nine buys Aberdeen-based IFA

Total £800m AUM

Ayesha Venkataraman
clock • 1 min read

National IFA and fund management group One Four Nine has bought Aberdeen-based firm Russell Gibson Financial Management, bringing its assets under management (AUM) to £800m.

Russell Gibson Financial Management, established in 2007, offers financial advice including, tax efficient alternative investments. The deal, the firm's fifth, brings its client total bank to approximately 2,500 and staff roster to almost 70. The acquisition expands the firm's expansion in Scotland, following its recent purchase of Glasgow-based APC Financial Solutions & Consultancy Services, and furthers its comprehensive UK-wide growth strategy, it said. One Four Nine Group recently launched its tax-efficient alternative investment panel exclusively for all its locations and adviser...

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