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Majority of Kilminster advisers move to A2O

The majority of Kilminster Financial Management’s advisers have transferred to Alpha to Omega, increasing A2O’s staff to 110 advisers and its turnover to £16m.

The combined group says it expects the deal, which was revealed by Money Marketing on January 17, will significantly increase the amount of client capital under advice.

It also says the transfer will increase the number of advisers benefiting from its commission and compliance systems and will further improve the range and depth of services offered to appointed representatives.

Kilminster Financial Management chairman Malcolm Kilminster says: “This is an opportunity to really improve the services offered to the advisers to build up the funds under management and I look forward to contributing to the growth and development of A2O.”

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