ASH Group sells national advice business Lync Wealth Management

Lync is a subsidiary of ASH and was used as the umbrella group to buy up IFA firms. It was set up in 2023, and a total of seven businesses were acquired under its banner, with collective assets of £500m. ASH itself was established in 2020 and has bought independent and restricted networks Sense and Lyncombe. After the sale, Lync will be established as an appointed representative of the Lyncombe network, which remains under ASH ownership. The Lync leadership team will remain in position. ASH, a privately owned company run by its owners and small investors, said the sale would enable...