Discretionary fund manager and advisory services provider Tatton Asset Management has unveiled plans for a £51.6m initial public offering (IPO) on the AIM market next month.
Founded in 2007 by CEO Paul Hogarth, the firm is seeking to raise £10m in new money and £41.6m for the selling shareholders at a price of 156p per share. Tatton Asset Management is made up of three subsidiaries; DFM Tatton Capital, Paradigm Partners, which provides a range of support services such as regulatory and compliance to directly authorised IFAs, and Paradigm Mortgage Services, a mortgage distributer businesses for IFAs. Who have advisers ranked as the most popular DFM? Roger Cornick, former chairman of Aberdeen Asset Management, will chair the five-man board which also inc...
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