Succession ramps up adviser intake

Nine firms acquired so far in 2017

Victoria McKeever
clock • 1 min read

Succession now has 143 qualified financial advisers, up from 112 at the end of 2016 and up from the 85 advisers it reported to have at the end of 2015.

The consolidator published its highlights from the first half of 2017 alongside its results from 2016. It has taken over nine firms in 2017 so far, four of which were acquired last week. Harrogate-based Prosperitas Independent Financial Advisers, Sigma Asset Management in Surrey, Dorset-based Norris and Fisher Independent Financial Services and Tim Burton, an appointed representative of Norris and Fisher, were the latest to join its ranks, bringing the firm's total acquisitions up to 40. Succession's fund under management (FUM) have risen to £5.6bn, representing a compound annual grow...

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