Adviser consolidator Attivo Group has acquired IFA firm Anthony Etkind & Co for an undisclosed sum.
Attivo will now take over £50m of funds under management on behalf of Anthony Etkind & Co’s 100 clients.
Attivo Group chief executive Stephen Harper says: “This is an important strategic acquisition for us as it brings some excellent new high net worth clients across. Anthony Etkind was particularly impressed with the fact that we could offer such a strong client focused proposition with our own discretionary fund manager and in-house investment team.”
In January, Attivo Group chief executive Stephen Harper told Money Marketing the firm is aiming to reach £1bn of assets by 2017, with plans to buy at least six firms this year.
The firm currently has around £500m in client assets.