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iimia acquires south west advisory firm

iimia Investment Group plc has acquired south-west advisory firm John Miln and Company.

John Miln & Company has in excess of £200 million funds under advice and employs 22 staff. The Company was founded by John Miln in 1983. Miln will be fully involved in the integration of the two businesses before retiring in due course. All other executive directors and staff will remain with the Company and become part of iimia Wealth Management.

iimia’s Investment Services division managing director Bruce McIntosh says: “John Miln & Company is an excellent company with a strong reputation and will strengthen iimia’s presence in the South West. The existing range of iimia products and services combined with the established client base of John Miln & Company will enable us to develop the business further.

“This acquisition is a natural fit within iimia Wealth Management and increases the iimia group’s funds under management and advice to over £850 million. We are keen to acquire other good quality, complementary businesses to continue the growth of iimia’s business model.”

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