'In talks for several months'
Creates $560bn AUM entity
Consolidation in the wealth sector
Two very different mandates
Investors voted in favour of the merger
Consolidator AFH Financial has acquired two more advisory firms, bringing its total acquisitions in the last year to twelve.
Tavistock Investments has taken over Duchy Independent Financial Advisers, continuing a wave of consolidation in the IFA market.
Wealth consolidator AFH has made its tenth deal in less than a year with the acquisition of a national advisory firm.
IFA consolidation business AFH has bought Clarendon Financial Solutions for £461,000.