Perspective adds two more firms

It has bought Newcastle Under Lyme-based Ad Valorem Wealth Management (now to be renamed as Ad Valorem Wealth Management Solutions), which has three advisers, with funds under management of £150m and recurring income of £600,000 per year. The second acquisition, Bristol-based Falcon Pensions & Investments, will change its name to Key Pensions & Investments, with its sole adviser bringing £50m funds under management and recurring income of £220,000 per year. Damian Keeling, managing director of Perspective, said: "We do not expect this to be the end of our acquisitions this year and in...