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

CII launches research community

CII launches research community

Voices to give professionals a stronger role in shaping policy

Sophia Panayi
clock 24 September 2026 • 1 min read
Andrew Goodwin: Three barriers to optimum vulnerable client outcomes

Andrew Goodwin: Three barriers to optimum vulnerable client outcomes

'It seems safe to say that vulnerability is likely to be commonplace'

Andrew Goodwin
clock 24 September 2026 • 4 min read
HENRYs most open to financial advice

HENRYs most open to financial advice

According to Quilter’s Value of Advice Report

Sophia Panayi
clock 23 September 2026 • 2 min read