HFMC Wealth has completed its purchase of Generic Financial Management in a deal worth up to £3m.

Generic Financial Management brings 270 client families and £950,000 of annual recurring revenue assets under advice and management of £150m to its new parent company.

The acquisition will see Generic Financial Management directors David Verney and Marc Ruse become private client directors at HFMC Wealth.

Paul Thomas, managing director of Generic Financial Management, will take up the role of head of business development, while continuing to provide executive coaching as part of HFMC Wealth’s Adviser Development Programme.

Read the full article here: https://www.ftadviser.com/your-industry/2018/10/01/chartered-financial-planner-snapped-up-in-3m-deal/

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By |2018-10-03T19:02:41+00:00October 3rd, 2018|Press|Comments Off on Chartered financial planner snapped up in £3m deal
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