IFG buys DK Wild for up to £2.6 m sterling

Dublin-based financial services group IFG, today acquired the independent financial advisor DK Wild & Co for an initial £…

Dublin-based financial services group IFG, today acquired the independent financial advisor DK Wild & Co for an initial £1.5 million sterling (euro 4.1 million) and a maximum of £2.6m (euro 4.1 million).

DK Wild reported pre-tax profits of £287,604 on turnover of £1.54m for 2000. Net assets are £135,000.

"As DK Wild primarily provides investment advice it is the intention that IFG's existing UK operation can provide an additional financial planning review, particularly for stakeholder pensions, corporate financial planning and mortgages for DK Wild clients," IFG said.