Valuations for IFA businesses drop
- Wednesday, 17 April 2024
- Articles
The valuation of independent financial advice businesses has dropped from an average of 4 times recurring income in 2022 to 3.3 times recurring income for the first quarter of 2024, according to a new study.
Read more...Titan Wealth snaps up £4bn AUM Bristol Planner Aspira
- Wednesday, 17 April 2024
- Articles
Expanding wealth manager and Financial Planner Titan Wealth has completed its second acquisition this week with a deal to buy Bristol-based 45-adviser firm Aspira, boosting Titan’s assets under management and advice to over £17.3bn.
Read more...Fidelius CEO steps down as Swedes’ stake approved
- Wednesday, 03 April 2024
- Articles
Jim Grant, CEO of Bath-based Chartered Financial Planner Fidelius, is stepping down after 12 years in the role as the FCA gives the go ahead to Swedish wealth manager Sӧderberg & Partners to take a minority stake in the business.
Read more...Wren Sterling strikes first takeover deal of 2024
- Thursday, 28 March 2024
- Articles
National Financial Planner Wren Sterling has completed its first acquisition of 2024 with a deal to buy £265m AUM Newcastle-under-Lyme firm TW Financial Planning.
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