AFH Group
Wealth manager AFH Group buys 10th firm in under a year
The deal will add £80m to the UK firm’s existing £3.3bn in funds under management
AFH Group boss calls platforms ‘dead weight’ as he scraps fees
UK investment management company AFH Group has blasted platforms as too expensive and announced the company will be absorbing fees for new clients and scrapping them for existing clients.
‘Don’t judge us on industry rumours’ – IFA consolidator
Advice firm consolidators looking to make further acquisitions could be out of luck if a survey published by platform Nucleus is taken at face value.
IFA firm acquisition costs face ‘upward pressure’ – AFH
Private equity and product providers are driving up the cost of buying bigger IFA businesses, according to serial acquirer AFH Wealth Management.
AFH drops bid for Lighthouse over ‘limited growth prospects’
IFA consolidator AFH has pulled out of a potential bid to acquire Lighthouse as it sees “limited growth prospects” for the national advice firm.