Adviser Services Holdings Limited (ASHL) has acquired another two wealth management firms via its national advice business Lync Wealth Management for an undisclosed sum.
Friarsgate Financial Planning (Chester) and Richard Armitage Wealth Management South West Limited will add over £200m ($248m, €232m) assets under advice and 500 wealth clients to the existing acquisitions announced in March 2023.
Of the four acquisitions to date, two have been from within the group and two from Quilter Financial Planning.
Michael Couzens, chief executive of ASHL, said: “We are delighted to welcome another two quality firms to Lync Wealth Management and continue building momentum within the business. Our philosophy will continue, which is steady growth focusing on quality firms and close relationships with people, including the end client.
“We have a pipeline of similar opportunities, and now that we have bedded in our processes, we will begin offering this more widely to our member firms and across the market.”
