As another US firm ventures into the UK wealth management space
The UK appears to have become an appealing market to our American cousins, with a spate of recent announcement heralding their growing presence in the space.
The latest of which is a conditional agreement between AFH Group and Cortina Bidco, a newly incorporated company indirectly controlled by funds managed by Flexpoint Ford.
Flexpoint managing director Steven Begleiter said: “We believe that the UK wealth management market is currently undergoing an important transition, as regulatory and demographic trends are driving increasing demand for high-quality financial advice tht can be met by IFA firms with a long-term and client-centric view.