Bellpenny FUM tops £3bn after double acquisition

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National wealth manager and consolidator Bellpenny has acquired two IFA firms with a combined £84m funds under management (FUM).

The purchases bring Bellpenny's managed assets to more than £3bn, as its deals to date reach 26. The firm has added £46m FUM firm Caledonia Edinburgh Limited and adviser Lynn Healy to its newly opened...

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