Wealth manager and financial planning firm Succession Wealth has acquired Hertfordshire-based firm Investors Planning Associates (IPA) adding £500m of funds under management (FUM).
The acquisition takes Succession Wealth's total FUM close to £8.5bn and underpins its ongoing focus towards profitable, nationwide expansions and integration of large-scale businesses. This acquisition pushes the firm's Hertfordshire office FUM to £2bn. Succession said it was the company's 56th acquisition and outlined plans to acquire more businesses in the future. In 1970, IPA was founded by former Middlesex and Oxford University cricketer Maurice Manasseh. Almost half a century on, the 1,750 IPA customers will be moving to Succession Wealth as well as 44 members of staff. ...
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