Investment firm Dolfin has bought a ‘significant’ equity stake in national IFA, Alexander House. Alexander House, is an appointed representative of Intrinsic, who themselves are owned by Old Mutual Wealth.
The purchased stake in Alexander House will contribute toward the firm’s marketing, alongside its client acquisition.
Dolfin chief executive, Denis Nagy, spoke of the purchase, stating: “Alexander House is a highly respected business and we are excited about this mutually beneficial strategic partnership.”
Last month, Alexander House announced that Steve Bradford, from Sandringham Financial Partners, would be joining the IFA’s board as a managing director.
