AFH Financial Group, the rapidly growing Financial Planning business, has raised £17.5m through a share placing today, £2.5m more than it planned due to support from the markets.

Rapidly expanding Financial Planning business AFH has acquired Colchester-based Financial Planner Britton Financial for £2m, adding £57m of funds under management.

Rapidly expanding Financial Planning and wealth management firm AFH has bought Duchy Wealth Management of Truro, Cornwall, for a maximum price of £630,000.

Wealth management firm AFH says it has a ‘strong pipeline of acquisition opportunities’, days after it sealed a deal for its seventh and eighth takeovers this year.