Consolidator Bellpenny has completed two more IFA acquisitions with the purchase of Surrey-based TJ Financial Services (TJFS) and TOR Financial Advisers, based in Devon.
The buyouts will add £56m in funds under management and more than 250 clients to the firm bringing the total number of acquisitions up to 28 in last three years.
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The parent company of TJFS, which has £34m funds under management, will continue to work with Bellpenny to assist existing and future clients.
The acquisition of Tor will bring about £22m in funds under management to Bellpenny.
Bellpenny CEO Kevin Ronaldson said: "It is exciting to maintain our acquisition momentum with four deals in as many weeks. It speaks volumes for our tried and tested integration process that we have now completed 28 acquisitions in under three years.
"Far more important, however, is what we do post-acquisition – we continue to invest heavily in our people, in new technology and in the necessary local infrastructure to ensure we are able to deliver to the highest of client expectations."
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