Perspective Financial Group has bought another four advice firms, taking the group’s total to 12 acquisitions so far this year.
This matched the number of acquisitions made in the whole of 2022.
In total, the company has completed 67 acquisitions since it was founded 16 years ago, and now has 31 offices across the UK, 110 financial planners and a total of 410 staff.
The four acquisitions are: Brighter Financial Services in Halifax; Airedale Personal Financial Solutions in Buckinghamshire; Granite Coast in Cambridge and Brigham Wealth Management LLP in Harrogate.
Ross McFadzean, director of Brighter Financial Services, said: “Having experienced tremendous growth since we were founded in 2010, we decided the time was right to access support from a larger firm.
“This will provide long term security to the provision of financial advice for our clients, career security for our staff, and the commitment to maintaining and growing an office in the area.”
He said one of the positive elements of the acquisition was access to the Perspective Academy, not only to assist with growing the client bank, but to ensure that there was a strong future for the firm.
Meanwhile Norman Foley, director of Airedale Personal Financial Solutions, said: “Our attention has been drawn towards succession planning as we approach retirement ourselves, to ensure the future continuity of service to all our valued and loyal clients.
“We are delighted to become part of Perspective as they clearly share our ethos, ethics and client focused approach.”
The four firms add a further 1,100 households as clients and £310mn in assets under management.
David Brigham, managing partner of Brigham Wealth Management LLP, said: “Having worked on my own for a number of years, I decided the time was right to access help and support from a larger firm, including assistance with the increasing burden and cost of regulation.”
Elsewhere, Perspective said it has exchanged contracts on a further seven deals which will complete in the coming months.
Ian Wilkinson, chief executive of Perspective, said: “We have our biggest ever pipeline of acquisitions, both large and small, and relish the opportunity to continue to grow further at scale and pace.
“We are delighted to announce we are officially a carbon neutral business and have been certified by Carbon Neutral Britain.
“We have been working on strategies to reduce our carbon footprint and we are committed to doing our part to create a better world.”
In March, Perspective Financial Group purchased three firms, adding a further 760 households as clients and £515mn in assets under management to the group.
The firm bought HNH Financial Services in Huddersfield, Gould Financial Planning in Cardiff and Financial Choices in Whitstable.
sonia.rach@ft.com
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