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

WIFA 2026 headline sponsor video: LV= COO Anita Fernqvist talks female representation in advice

WIFA 2026 headline sponsor video: LV= COO Anita Fernqvist talks female representation in advice

'Different perspectives around the table bring breadth of thinking'

Professional Adviser
clock 03 November 2026 • 1 min read
FCA responds to Treasury Committee concerns over potential Budget leak

FCA responds to Treasury Committee concerns over potential Budget leak

Nikhil Rathi responds

Isabel Baxter
clock 03 November 2026 • 3 min read
Young adults lacking mental capacity will gain access to Child Trust Funds

Young adults lacking mental capacity will gain access to Child Trust Funds

Government proposals to benefit up to 126,000 young adults

Sophia Panayi
clock 03 November 2026 • 3 min read