Consolidator Fairstone has bought Harefield-based IFA Robert Goodman Associates adding £70m of assets under advice to the business.
The firm has 1,000 clients and revenue of £800,000.
It was part of Fairstone’s downstream buy-out model and the completion of the deal marks the end of an acquisition process that started in 2016.
RGA company principal Robert Goodman says: “Joining and integrating with a larger, reputable and chartered firm has helped us to strengthen our business whilst allowing us to remain independent and further improve the levels of service to our clients.
Fairstone Group chief executive Lee Hartley says: “We are delighted to have finalised our fourth full acquisition of 2018 with another leading IFA firm. As a firm, RGA is dedicated to quality service.”
Fairstone chief executive Lee Hartley told Money Marketing in February the group has between eight and 10 acquisitions in the pipeline for 2018.