View more on these topics

IFA consolidator targets £1bn in assets by 2017

Adviser consolidator firm Attivo has set out plans to buy at least six firms this year.

The firm currently has around £400m in client assets and runs £100m in its commercial property arm. It aims to reach £1bn in assets across the business by 2017

Previously known as Fountain Independent, the financial advice arm was rebranded Attivo Financial Planning in December 2012.

Attivo launched its own discretionary fund management arm, Attivo Investment Management, in May 2013.

It also operates its own Sipp alongside the commercial property investment arm.

Chief executive Stephen Harper says: “Last year saw the evolution of the group’s future development plans beginning to reap rewards with the launch of several important new client-focused services which have significantly enhanced our overall business proposition.

“This year we have ambitious, but we believe realistic, plans to take our growth up a level and move rapidly towards our target to have £1bn funds under management by 2017.  Many of our advisers will reach full chartered status and many other paraplanners and head office staff are taking CII and PFS diplomas or similar qualifications.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment