Ascot Lloyd continues consolidation push with acquisition after hiring M&A specialist

Latest purchase adds £382m FUM

clock • 2 min read

Ascot Lloyd will push on with its acquisition plans this year despite a turbulent market, with its latest purchase of IFA Ring Associations adding £382m funds under management (FUM) to the advice giant.

The latest acquisition of the King's Lynn-based firm will add 12 advisers from the Simon Ring-headed IFA and expand Ascot Lloyd's presence to the region. It follows the recent appointment of Gordon Kerr (pictured) as Ascot Lloyd's acquisition director, who worked with Deloitte for 13 years including as a mergers and acquisitions (M&A) specialist. Kerr told Professional Adviser Ascot Lloyd was in a unique position to help smaller advice firms adapt to the rapidly changing market brought about by coronavirus. He said: "This has been a sector that's following some of the well-trodden ...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Don't think of consolidation as the end of independent advice. It isn't'

'Don't think of consolidation as the end of independent advice. It isn't'

Continuity before everything else

Tom Rowe-Jones
clock 02 September 2026 • 5 min read
SENDA calls on profession to share how it supports families with disabilities

SENDA calls on profession to share how it supports families with disabilities

Part of white paper launching in November

Isabel Baxter
clock 02 September 2026 • 2 min read
Plannex memberships boosted by 'out of the blue' Reddit influx

Plannex memberships boosted by 'out of the blue' Reddit influx

Without spending a penny on the social media platform

Isabel Baxter
clock 01 September 2026 • 5 min read