HFMC Wealth has acquired Generic Financial Management for £3m, adding 270 clients and £150m of assets under advice and management to its books.

The deal has also seen a number of new recruits added to the team as well as £950,000 of annual recurring revenue.

Two directors of Generic Financial Management, David Verne and Marc Ruse, have become private client directors at the London and Weybridge-based HFMC Wealth.

Read the news article on the Professional Advisor Website : https://www.professionaladviser.com/professional-adviser/news/3063650/hfmc-wealth-purchases-generic-financial-management-in-a-gbp3-million-acquisition

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