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

Advisers on Iran war: 'My advice goes well beyond just saying don't panic'

Advisers on Iran war: 'My advice goes well beyond just saying don't panic'

‘Clients are naturally concerned’

clock 11 March 2026 • 5 min read
The capacity trap: Why advice firms can't hire their way out of the admin crisis

The capacity trap: Why advice firms can't hire their way out of the admin crisis

'You cannot outrun a broken process by adding more people to it'

Stuart Breyer
clock 10 March 2026 • 3 min read
The enduring value of advice in an era of DIY investing

The enduring value of advice in an era of DIY investing

'The debate is about execution and consistency'

Chris Ball
clock 10 March 2026 • 4 min read