Perspective Financial Group has bought Newcastle-based IFA practice Galloway Whitfield (Life & Pensions) - its first acquisition of 2019 and 32nd such deal since 2008.
The national adviser said the firm - which was established in 1985, has annual turnover in excess of £300,000, funds under management of £50m and "strong recurring income" - would become part of its Newcastle...
£800,000 annual fee income
Private equity-backed business
Northants and Cambs client base
First acquisition of 2021
Due diligence challenges
Completes legal process
Scepticism towards companies' commitments
GDP falls 2.6% in November
Financial wellbeing junkies