M&A focus to shift to large advisers due to cost

(FTADVISER 28 Aug 2019) The substantial costs faced by buyers of advice firms could mean small advisers will be increasingly overlooked in the M&A market, a broker has said.

Louise Jeffreys, managing director of broker Gunner and Co., said the fees charged to buyers by brokers to identify acquisition targets could be as much as £100,000 on a £3m purchase…Continue reading on FTAdviser

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