Wealth manager Tilney Smith & Williamson has acquired Surrey Financial Planner HFS Milbourne which has approximately £450m of client assets under influence.

Financial Planning-focused adviser group AFH Financial has temporarily suspended trading in its ordinary shares on the AIM index pending an announcement from the business.

Adviser fintech Intelliflo has brought together five business under a new global Intelliflo brand.

The takeover of rival Merian helped bolster Jupiter’s annual results for 2020, the company reported today.

The target for Schroders Personal Wealth to become a top 3 Financial Planning business by 2023 has been pushed back two years to 2025 amid signs growth is providing harder to achieve than expected.

The latest issue of Financial Planning Today magazine unravels the pros and cons of trying to sell a Financial Planning firm during the pandemic.

LEBC, the retirement advisory firm whose CEO died suddenly last year, has reported a loss of £232,000 in its latest financial figures. 

Peter Hargreaves, one of the co-founders of fund platform Hargreaves Lansdown, has sold off a £300m stake in the firm he launched with business partner Stephen Lansdown in 1981.

Fund manager Jupiter has renamed most of the Merian funds it has acquired to bring them in line with Jupiter’s fund range.

Expanding Financial Planning firm Progeny has acquired Leeds-based legal firm Watsons Law for an undisclosed sum.