June 27, 2013 02:00 ET
27 June 2013
AFH Financial Group PLC
("AFH" or the "Company")
AFH Financial Group announces new Legal Division
AFH, a leading independent financial advisory ('IFA') and discretionary wealth management firm, today
announces that AFH Legal Ltd ("AFH Legal"), a wholly owned subsidiary of the Company, has been licenced by
the Solicitors Regulatory Authority (SRA) as an Alternative Business Structure, authorised to provide a
range of legal services.
The application process concluded on 26 June 2013, with confirmation that AFH Legal will be licenced with
effect from 23 July 2013.
AFH has initially recruited two solicitors to run the Legal Division, one of whom has been working within
the technical team at AFH for 18 months supporting advisers in trust and estate planning work.
The Directors of AFH are confident that the licencing of AFH Legal will generate incremental income for the
Company as well as value added services for its clients.
Commenting on the announcement, Alan Hudson Chairman and Chief Executive of AFH said: "Wills, Trusts and
Estate planning forms the corner stone of professional financial planning for clients. The addition of an
in-house legal services division, regulated by the Solicitors Regulatory Authority, will prove to be of
tremendous added value for our Advisers and clients alike".
The Directors of AFH Financial Group PLC are responsible for the content of this announcement
AFH Financial Group PLC 01527 577 775
Alan Hudson, Chairman and Chief Executive
Peterhouse Corporate Finance Limited 020 7220 9796
Mark Anwyl or Duncan Vasey
Yellow Jersey PR Limited 07768 537 739
Dominic Barretto or Anna Legge 07747 788 221
AFH Financial Group Plc
See all RSS Newsfeeds