
Elite expands via Croesus acquisition
UK - Independent financial adviser Elite Strategies is expanding its services in the corporate market through the acquisition of Croesus Financial Services.
Elite non-executive director Sir Brian Mawhinney said: “Our business already offers pensions advice to a variety of listed and private companies.
“But the acquisition of Croesus broadens our appeal. We have in one move quadrupled the number of our professional advisers.”
The newly-formed group now has a total of 22 advisers.
Croesus chief executive Jonathan Fry joins the board of Elite.
He will take over as chief executive from Elite founder, David Slater, who remains on the board.
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