AFH has paid £250,000 to the administrators of Beaufort Securities to acquire the client portfolios of the collapsed discretionary fund manager's Colwyn Bay office.
The consolidator business, which yesterday bought the client portfolio of Wiltshire-based Emery Little Financial Services for up to £1.6m, said the deal would be funded from its existing cash resources....
100 new clients
Achievements, charity work and other happy snippets
Square Mile’s series of informal interviews
Partner Insight: The rise in demand for DFM and multi manager solutions has been largely driven by new mandates from the regulator, says James Bampton, head of UK intermediary distribution at Architas