News

3
Sep

AFH's presence grows in the South West

A team of Devon-based financial and insurance advisers, Lyn Financial Services, has joined AFH Group, strengthening the national firm’s presence in Devon and Somerset.
James Tucker has run the business since 1990, initially to serve the financial needs of his local community.
“For 4 years it was just me, but the business has grown way beyond what I ever thought possible when I started, and having met the guys at AFH it seemed right to join forces,” James explained.
“This is a great deal for Lyn’s 5,000 clients, who will receive the same service, delivered by the same advisers and staff, but with the added advantage of AFH’s back-office support and investment expertise.”
Under the deal, all 60 members of staff at Lyn Financial Services will join AFH, giving the group more than 200 advisers across the UK. AFH will also take over Lyn’s offices in Barnstaple, Taunton and Minehead. James will continue to work from Lynton.
AFH chief executive Alan Hudson said:
“This is a very significant deal for AFH, giving us 3 valuable hubs to increase our service to clients in the South West and West as well as increasing our presence in the still-underserved protection market.”
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Gunner & Co. work with IFAs looking to sell their business, and can give you more information on selling to AFH if you wish – contact louise.jeffreys@gunnerandco.com