Paradigm Financial Advisers (PFA) has finally received the regulatory approval from the FCA for the sale of its adviser network to Caerus Capital Group.
The approval comes nearly one year after negotiations commenced.
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With this approval, Caerus Capital Group has completed the acquisition of adviser network Paradigm Financial Advisers.
Anthony Morrow, a partner at Paradigm, said: "In Caerus, we have found such a business which not only has firms already operating within the PFA network but the people and processes in place to further develop and grow the proposition."
Stuart Cresswell, managing director of PFA, will continue in his role, while Caerus will take on PFA’s 35 support staff.
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