AIM-listed Consolidator AFH Financial Group has acquired Wirral-based advice firm Broadleaf Financial Services for £3.2 million.
October 29, 2019The Private Office (TPO) has acquired London based multi award winning Chartered Financial Planners John Lamb Wealth Management
October 29, 2019IFA firm Ascot Lloyd has agreed to acquire UK-based Prest Financial Planning and QS Financial.
Prest Financial Planning is a Stockport-based IFA, which has six financial planners and 26 employees in total.
It reported £3m ($3.7m, €3.4m) in revenues, over £1m in earnings before tax and manages approximately £350m in assets.
Following completion, Prest will transition to the Ascot Lloyd brand.
QS Financial, based in Bromsgrove, Worcestershire has over £65m in funds under management.
The financial terms of the deals were not disclosed.
Nigel Stockton, chief executive of Ascot Lloyd, said: “Prest and QS Financial are two more high-quality acquisitions for Ascot Lloyd, continuing our track record of identifying strong businesses that represent a good fit with our culture and commitment to client excellence.