Prosperity IFAs and Stockbrokers is in active discussions with several IFA firms about acquiring advisers as it looks to grow its numbers more than tenfold by 2013.
IFA Eldercare and equity release specialists Laterliving have signed a working relationship agreement in expectation of changes in the care funding system.
The FSA has flagged up concerns around the quality of advice surrounding Distributor Influenced Funds (DIFs) and has warned adviser firms it expects standards to improve.
They are well off and willing to spend, but until now have remained beyond the reach of most advisers, says Principal Investment Management.
National IFA Moneygate says it will push ahead with its expansion and acquisition plans following Committed Capital's purchase of an equity stake in the group.
Ashcourt Rowan parent Syndicate Asset Management(SAM) has sold its Guernsey-based investment management company to Hume Capital for approximately £1.8m.
Nearly 300 adviser firms are "clinging on for dear life" after the ravages of last year's recession as the IFA market braces for a wave of corporate failures, says Plimsoll.
Syndicate Asset Management has promoted Jeremy Rance to the group's operational management team as group chief operating officer.
Close Asset Management has become a sponsor of PanaceaIFA.com in a bid to reach out to smaller IFAs and widen access to its discretionary investment services.
Syndicate Asset Management has promoted Mark Cheshire to interim group CEO with immediate effect.