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Wealth Management

Private equity’s wealth spree in the spotlight as AFH deal terms raise conflict concerns

Acquisition matrix seen by FN shows the wealth firm only pays out if clients are moved across to its proposition

By Justin Cash
The private equity-backed wealth manager has bought many smaller firms in a consolidation push
The private equity-backed wealth manager has bought many smaller firms in a consolidation push

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Private equity-backed wealth manager AFH is pushing firms it acquires to invest in its funds and locking clients in for up to five years, according to documents seen by Financial News.

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Wells Fargo Profit Rises, Boosted by Lower Expenses

Wells Fargo Profit Rises, Boosted by Lower Expenses

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