View more on these topics

Consolidator AFH enters London with third acquisition in a month

AFH Alan Hudson 700

Consolidator AFH has acquired the assets of south west London IFA Taylor Frost Wealth Management in a deal worth up to £1.24m.

Taylor Frost, which specialises in financial planning for the dentistry profession, will add approximately £45m to AFH’s funds under management.

Following the purchase, managing director Keith Taylor will join AFH as an adviser.

An initial payment of £595,000 was paid at the completion of the deal and a further payment of £650,000 will be transferred over the next 26 months in two lots, dependent on performance.

This is AFH’s fourth acquisition of the current financial year and its third in 2017 following the purchase of Aberdeen Wealth Management and Shield Direct in January.

AFH chief executive Alan Hudson says “This acquisition will establish AFH in London and I look forward to working with Keith and our south east based advisers to develop our presence in the capital. Keith has built a strong reputation in the medical and dental sectors which I believe will enable AFH to build a specialised service to this sector on a national scale.”

He says: “The success of our acquisition strategy and our ability to integrate numerous acquisitions was set out in the statement on our full year results reported on Monday. We continue with this disciplined approach and have a strong pipeline of future acquisition opportunities.”



AFH boosts profits and eyes future deals

Consolidator AFH has posted a 27 per cent increase in pre-tax profits from £1.6m to just over £2m for the year to 31 October. In the the company’s annual results, published today, AFH says it has a “strong pipeline” of potential acquisitions supported by cash reserves of £6.7m, which have increased from £3.7m in 2015. […]

AFH Alan Hudson 700

AFH makes double acquisition for £1.1m

Consolidator AFH is set to spend more than £1m acquiring the assets of two IFA firms. AFH has acquired Aberdeenshire-based Aberdeen Wealth Management and Devon-based Shield Direct. Only Aberdeen Wealth director Mike Murray will stay on with AFH as an adviser, with the rest of the selling IFAs retiring and their clients passed to existing […]

AFH acquires Lancashire IFA firm

Consolidator AFH has added £16.5m in funds under management by acquiring Lancashire IFA David Rushton Associates. The acquisition price of £298,125 represents just 1.8 per cent of total funds under management at David Rushton with £157,500 paid on completion of the deal. A further £140,625 will be paid over the next 26 months in two lots, dependent on performance. […]


School fees planning

Jeremy Pearson is Technical Support Manager with Canada Life’s ican Technical Services Team. Canada Life offers a range of wealth management solutions, including retirement income planning, estate planning and investment solutions from a choice of jurisdictions, including the UK, Isle of Man and Republic of Ireland. Many parents value the standard of education offered by […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and thought leadership.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm