Consolidator Perspective targets 30 IFA groups

clock

Perspective, the consolidation vehicle for IFAs, says it plans to have 30 groups under its umbrella by the end of 2011.

Since its launch in April last year, the company has acquired six firms and says it is in the midst of negotiations with two more. It says it is targeting "quality firms that are able to demonstrate strong recurring income and profitability levels". As part of its mission statement for the next few years, Perspective says it is not focused on acquiring businesses based purely on turnover or adviser headcount as "neither of these are drivers of success". It adds it wants to continue to build its customer-focused remuneration model and accelerate the dislocation from product provider to ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read
PA Working Lunches: Register today to hear from SimplyBiz

PA Working Lunches: Register today to hear from SimplyBiz

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 27 March 2024 • 1 min read
FCA warns firms and finfluencers to 'keep social media ads lawful'

FCA warns firms and finfluencers to 'keep social media ads lawful'

Regulator sets guidance for financial services promotion

Isabel Baxter
clock 26 March 2024 • 3 min read