Attivo Group, a Gloucestershire -based wealth management firm, has purchased C R Toogood Financial Planning, an IFA based in East Horsley, Surrey, for an undisclosed sum.
This is Attivo’s seventh acquisition in 2015. Toogood currently has over 2000 clients says Attivo, of which 180 of them are active.
Attivo CEO Stephen Harper said: "The acquisition is a reflection of our distinct proposition which consistently attracts quality businesses and clients to Attivo.
"As a Chartered financial planning business with our own Discretionary Fund Manager, we are perfectly placed to offer expert financial planning and wealth management services, built around individual client needs.
"Toogoods have been advising these clients and their families for years and the usual acquirers who view clients as a commodity were not attractive to this highly ethical IFA.
"My advice to any IFA thinking about selling their business is to look very carefully at the different propositions in the market, I would only consider a truly independent and a Chartered firm, as restricted models are not right for all clients," he added.