Perspective acquires eighth IFA firm

MWM has an annual turnover of £500,000, with approximately £20m funds under management. It also has a long-term agreement with business services group, McGregors Corporate Group, which has offices in Lincoln, Derby, Nottingham, Mansfield and Birmingham. Following the acquisition, the company will continue to trade under its current name, with the existing management team in place to develop the business. Perspective would not disclose the purchase price for MWM but its turnover has now been boosted to £9m after the acquisition. Furthermore, funds under advisory and management have...