Lamensdorf Group has acquired Tokyo-based IFA Ross Alexander
Intern-ational for an undisclosed sum as part of its international
The purchase, announ-ced at PIMS, gives the IFA a presence in Japan, China
and Switzerlandunder the names Lamensdorf Japan and Lamensdorf Europe.
The move follows the purchase of Maddison Monetary Management earlier this
year and marks the group's first steps to bec-ome an international advice
brand and a top 10 player in the UK IFA market. It says its international
operations will be run to UK compliance standards.
The group will continue to look for further international acquisitions to
swell its current total of 75 registered individuals, including Ross
Alexander's 22 advisers.
Lamensdorf Intern-ational managing director Howard Williams said: “This is
a key element of the strategic expansion plans of our wealth management
business. Lam-ensdorf is aiming to acquire as many as five further
businesses before the end of the year.”