Tatton and private equity-backed consolidator Absolute Financial Group (Absolute) has acquired four IFA firms based in the Northwest and has now created a hub in the region.
The firms – Allied Financial Services, based in Wigan; RSJ Financial Planning, based in Liverpool; Millcroft Wealth Management, based in Manchester; and Mackenzie Financial Planning, based in Bury – bring a further £577m to Absolute's assets under advice, taking it to more than £2.1bn. The largest of the four firms, Allied Financial Services, will operate as a North-West hub for Absolute, establishing a stronger presence for the group locally. All four firms' existing offices and colleagues will be part of Absolute, which it said will significantly expand its footprint in the region. ...
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