Colin Galbraith Independent Financial Services’ client assets have been purchased by Tenet in a move to expand its North West presence.
Colin Galbraith, a long term Tenet network member, is planning for his retirement, which resulted in the practice buyout.
Mark Scanlon, chief executive of Tenet, said: “This acquisition offered a great opportunity to further develop our North West hub, as well as aid the retirement of a long-serving Tenet member, giving Colin peace of mind regarding the continuity of advice standards for his clients.
“Our practice buyout scheme continues to attract a lot of interest and offers a range of deals for member firms, from smaller client bank acquisitions and share purchases, to larger company buyouts.”
