First Wealth, the financial planner backed by Marlborough, is on the hunt to acquire like-minded IFA firms and is in initial talks with a number of businesses.
First Wealth managing director Anthony Villis said the deal with Marlborough, announced in March, meant acquisitions were now in the firm's sights but finding advisers with the same mindset was the crucial first step. Speaking to PA, Villis confirmed the London-based B-Corp was in initial acquisition talks with a couple of businesses with similar values. "The challenge is around meeting firms with a similar mindset. We are a financial planning firm first; we are a financial planning-led business. That is what we are all about. "We have a way of doing things that we think works well...
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