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

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com