UK's AFH acquires financial advisory firm for £3.2m

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UK-based AFH Financial Group has acquired an IFA firm for £3.2m in the third deal announced by the wealth manager in as many weeks.  Broadleaf Financial Sevices, also based in England, will be bought for £3.2m in what is the latest in a line of similar acquistions by AFH. Broadleaf will bring £140m of AuM to AFH Financial Group.  Earlier this month AFH announced the acquisitions of Mulbury Independent Financial Advisers and AE Garment. Together the two firms bring £215m of assets to the group. Alan Hudson, chief executive of AFH, said: "The acquisition has been completed on a simil...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.