STM Group, the financial services and SIPP provider, has added £5m to its takeover war chest to fund further acquisitions.

Financial Planning firms provide attractive opportunities for investment, according to investment bank Liberum.

Financial adviser Frenkel Topping is to shift its acquisition strategy away from the IFA market due to a lack of “suitable” targets.

DFM, wealth manager and Chartered Financial Planner Brooks Macdonald has reported an 11.1% increase in underlying profit before tax to £23m for its financial year ending 30 June 2020.