Tavistock makes fresh acquisition to boost national presence

Tavistock Investments has bought IFA Sutcliffe Solloway Financial Planning and its parent Cornerstone Asset Holdings.

The group acquired the companies from the three original owners of Tavistock Partners, Stephen Moseley, Kevin Mee and Paul Millott for £1 and a deferred £100,000 due at the end of June. Moseley owns 11.2% of Tavistock Investments and is also Tavistock Wealth's business development director. Tavistock bought IFA business County Life & Pensions and investment manager Blacksquare in January, rebranding them as Tavistock Partners and Tavistock Wealth, respectively. The acquisition formed part of its plans to assemble a national financial services business, including a national network ...