Ascot Lloyd grows war chest to £100m after deal with US investment group

Made 12 acquisitions in 2020

Tom Ellis
clock • 1 min read

National IFA Ascot Lloyd now boasts a war chest for acquisitions of more than £100m after striking a financing deal with a US-based investment manager.

The financing deal follows a 2020 full of acquisitions for IFA after it bought 12 firms, adding more than £6.5m in EBITDA to the group. The IFA currently has 132 advisers at 15 offices across the UK and £9.5bn assets under influence. The financing comes from the credit group of Ares Management, a US-based global alternative investment manager, which also has private equity and real estate arms. Ascot Lloyd was secretive about the investment and did not disclose any specifics of the deal with the US company, only that the IFA itself now has more than £100m available to invest. Ascot...

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

Consolidation: Does big equal bad in the advice sector?

Consolidation: Does big equal bad in the advice sector?

'Integrations take time and effort on all sides'

Anthony Carty
clock 17 September 2025 • 4 min read
WIFA 2025 headline sponsor video: LV's Katherine Carnegie on inclusive leadership

WIFA 2025 headline sponsor video: LV's Katherine Carnegie on inclusive leadership

‘Creating a culture where everyone thrives’

Professional Adviser
clock 17 September 2025 • 1 min read
Fintel simplifies model into two divisions as it stresses cultural fit in acquisitions

Fintel simplifies model into two divisions as it stresses cultural fit in acquisitions

The group moves from three divisions to two

Sahar Nazir
clock 16 September 2025 • 2 min read