Milecross Financial closes out 2024 with fourth IFA acquisition

Bought Buckinghamshire-based The Martin Cliffe Practice

Jenna Brown
clock • 1 min read

National advice firm Milecross Financial has bought Buckinghamshire-based The Martin Cliffe Practice (TMCP) in its fourth acquisition deal of 2024.

TMCP is based in Milton Keynes and has about 650 clients with £80m of client funds. It provides comprehensive financial planning solutions and has experience in complex investment. Its team of four advisers and three administrators will join Milecross. Milecross chief commercial officer Chris Thorndycraft said the deal closed out a "stellar year" for the business.  "TMCP is a highly reputable practice with a team that shares the Milecross commitment to superb client service. Its wide experience in wealth management alongside an established mortgage book is a tremendous addition to ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

Acquisition analysis: The top five biggest M&A deals in 2024 by AUM

Acquisition analysis: The top five biggest M&A deals in 2024 by AUM

Nucleus’ buy of Third Financial tops the table

Isabel Baxter
clock 30 January 2025 • 4 min read
St James's Place 'on track' with charging structure overhaul

St James's Place 'on track' with charging structure overhaul

Delivery by second half of 2025

Isabel Baxter
clock 30 January 2025 • 2 min read
MKC Wealth CEO on growing consolidation and PE benefit

MKC Wealth CEO on growing consolidation and PE benefit

‘Consolidators will start buying consolidators’

Isabel Baxter
clock 29 January 2025 • 2 min read