Ford Reynolds & Associates and Ian Jones & Associates are the latest firms to have been acquired by the London-based firm. The managing directors of both have joined Bradbury Hamilton as advisers and will continue to service their own clients.
Earlier in the year Bradbury Hamilton took over MC Associates, and Squire John, which brought the firm’s assets under advisement to £135m. The firms had £30m and £5m under advisement respectively and 350 clients between them.
Experts have noted mergers and acquisitions within the IFA sector are likely to increase now the uncertainty surrounding RDR has settled.
A spokesperson for the Bradbury Hamilton said it was open to making further acquisitions as the year progresses.
Financial Advisory firm Bellpenny have also been looking to cash in on the fall-out from RDR and announced its second acquisition in less than seven days earlier in the week.
The industry newcomer stated in January that it expected to make around 60 acquisitions in the following 18 months.
