(MENAFN) AFH Financial, the UK's leading independent financial advisory and discretionary wealth management firm, acquired the USD681.84k IFA Clarendon Financial Solutions, Money Marketing UK reported.
The deal marks AFH Financial's ninth acquisition after being registered on the AIM. The signing is set to add an additional USD37.05 million finances under management to AFH.
AFH Financial has to pay an extra USD341,735 added to another consideration of around USD341,735 over the next two years, which is a payment contingent upon the performance of Clarendon.
"We are delighted to further our growth of the AFH business as we continue to see good acquisition opportunities arise." AFH chief executive said
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