Bringing you live news and features since 2006 

AFH acquires assets of Taylor Frost Wealth Management


AFH, a financial planning led wealth management firm, has acquired the assets of Taylor Frost Wealth Management, an IFA business based in South West London.

Following the acquisition, Keith Taylor will join AFH as an adviser.
Under the terms of the acquisition, the maximum consideration payable by AFH is GBP1,245,000. An initial cash consideration of GBP595,000 has been paid upon completion, satisfied from the company’s existing cash resources. Further deferred consideration of up to GBP650,000 will be payable in cash over the next 26 months in two tranches, dependent upon performance criteria of the assets acquired.
This is AFH’s fourth acquisition of the current financial year and follows the acquisitions of Aberdeen Wealth Management and Shield Direct earlier this month.
Taylor Frost will add approximately GBP45 million to AFH’s funds under management.
Alan Hudson, chief executive of AFH, says: “This acquisition will establish AFH in London and I look forward to working with Keith and our South East based advisers to develop our presence in the capital. Keith has built a strong reputation in the medical and dental sectors which I believe will enable AFH to build a specialised service to this sector on a national scale.
“The success of our acquisition strategy and our ability to integrate numerous acquisitions was set out in the statement on our full year results reported on Monday. We continue with this disciplined approach and have a strong pipeline of future acquisition opportunities.” 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by