Succession Group has completed the acquisition of its first five advisory firms, following approval of change in control by the Financial Services Authority.
Earlier this year, the company announced the plans to purchase member firms Westpoint Financial Consultants, Campbell Dallas Financial, Smart Wealth Management, The Financial Management Group and Westminster Financial Planning. With the completion of the acquisitions, for £12.5m, the firms are merging to create a single entity, offering a premium investment proposition called Succession Wealth Management and a restricted protection and regular premium proposition called Succession Financial Management. The new national brand will operate out of seven locations with 100 employees, incl...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
