AFH Financial Group, an independent financial advisory and discretionary wealth management firm, has launched a new legal division called AFH Legal.

AFH Legal, a wholly owned subsidiary of the company, has been licensed by the Solicitors Regulatory Authority (SRA) as an alternative business structure, authorised to provide a range of legal services, effective from 23 July 2013.

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According to AFH Financial, the new legal division will initially be run by two solicitors, one of whom has been working within the technical team at AFH for 18 months supporting advisers in trust and estate planning work.

Alan Hudson, chairman and CEO of AFH, said: "Wills, trusts and estate planning forms the corner stone of professional financial planning for clients.

"The addition of an in-house legal services division, regulated by the Solicitors Regulatory Authority will prove to be of tremendous added value for out advisers and clients alike."

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