Perspective hits £1bn under advisory after 14th acquisition

The second acquisition of 2010 for Perspective, the Buckinghamshire-based Chessman & Partners was established in 1980 and looks after over 6,000 clients. Chessman's business is split into two divisions, life and pensions and capital investment. Perspective says the group has a turnover of approximately £800,000 per annum - with funds under management of £150m and £250,000 of recurring income. Following the latest acquisition, Perspective's annualised turnover has risen to £12.5m and recurring income of £6.2m. "Bringing Chessman within the Group expands our geographical reach as we ...