Bellpenny acquires Entire Wealth Management

IFA acquirer and wealth manager Bellpenny has acquired Walton on Thames-based IFA Entire Wealth Management.

The IFA provides national coverage, £100m of funds under management and more than 1,000 active clients. The acquisition follows two accountant-tied IFA purchases in May this year, Price Bailey and Foot Davson. Bellpenny chief executive Kevin Ronaldson (pictured) said: "Six months on from implementation of the Retail Distribution Review (RDR), we are seeing no evidence of a decline in interest from prospective sellers of IFA businesses. "This has enabled us to remain very selective in our acquisition strategy. Entire Wealth Management, with its high quality client bank, is another e...