Absolute Financial Group has bought three advisory businesses, adding £255m in assets under advice (AUA) to its books.
The trio of purchases were made up of Padstone Financial Management, based in Hereford, Surrey-based Campton Financial Services and Iceni Financial Advisers located in Norwich. The deals brought the group's total AUA to £1.55bn. It said the latest acquisitions were part of its long-term growth plans, with all of the firms' offices and staff joining the group. Absolute added it aimed to unite "high-quality advisory businesses within a unified, well-resourced structure, promoting adviser support, holistic financial planning, outstanding client outcomes, and enduring client value". Ab...
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