Rimbal has completed the strategic acquisition of ValidPath Limited as part of its business expansion.
ValidPath is an UK-wide IFA Network authorised and regulated by the Financial Conduct Authority under FRN 197107. Founded in 2002, ValidPath has a focus on independent financial advice and servicing a network of Appointed Representatives and clients across the UK.
The transaction will see Rimbal continue to execute upon its vision – to empower a broader spectrum of people to achieve their financial goals – and will see ValidPath benefit from new technologies and resources that will deliver greater value to its members and clients over time.
Over the past 18 months, Rimbal conducted an extensive market review of over forty regulated firms to determine the right business during which ValidPath was identified as the ‘standout’ opportunity with a strong track-record, community-oriented culture and a focus on delivering real value for its members and clients. Rimbal will look to build upon these strengthens and through a common technology infrastructure create an even stronger proposition for financial advisory businesses with the aim to support better client outcomes at greater profit and scale with less risk.