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Nick Rabbitts, 27 Sep
GALLIVAN Financial, the Killarney-based financial planning and wealth
management company, has announced that it has reached agreement to
acquire Limerick-based financial advisory company FJ Hanly and
Associates for an undisclosed sum.
This acquisition will increase Gallivan Financial’s overall assets
under management to more than €400m.
Gallivan has plans to grow the business to €1bn under management over
the next 18 months through a combination of further acquisitions and
organic growth.
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The company has a growing presence within the Munster region and is
planning further acquisitions both within its existing geographic
footprint and further afield.
FJ Hanly and Associates is a well-respected firm, dedicated to helping
its clients do more with their money.
Led by principal Fergus Hanly, it has been providing personalised and
professional financial advice to companies, directors, families, and
individuals, for over 20 years.
It has more than 700 clients and approximately €100m in assets under
management.