IIFL Wealth Management acquires Wealth Advisors

Date posted: Wednesday 17 October 2018

IIFL Wealth Management Limited has acquired Wealth Advisors India, a Chennai based wealth management firm for a total consideration of Rs.235 crore. Wealth Advisors, will become a wholly owned subsidiary of IIFLW and its employees will become part of IIFL Wealth, entitled to agreed employment benefits.

(Economic Times)