Acquisitions have come thick and fast at multiple levels in the advisory space and the pace of M&A shows no signs of slowing, writes lawyer Giles Dunning
There's one undeniable fact in the financial advisory sector right now: once-rare mergers, acquisitions and consolidations are now practically monthly events. What started off slowly has ramped up significantly in recent years - whether it's AFH, acquiring the assets of Monopoly Financial Consultants in 2018 (one of 16 acquisitions that year); Fairstone acquiring Glasgow-based IFA Professional Partners; Succession's double acquisition of Accountants Financial Services (Scotland) and H&L Financial or the most recent purchases of Lighthouse (June 2019) and Prescient (January this year) by ...
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