Perspective makes seventh acquisition of 2021 with Wiltshire-based Avon

'Regulatory burden'

Tom Ellis
clock • 2 min read

National financial planning business Perspective Financial Group has acquired Wiltshire-based Avon Financial Advisers for an undisclosed fee.

The deal, which marks the group's seventh acquisition of the year, adds 240 clients and £42m assets under management (AUM) to Perspective. So far this year the consolidator has added £642m AUM across its seven acquisitions, along with some 1,780 clients. Stephen Cook, who founded Avon in 2011, will retire, while the business will become part of Perspective's Marlborough office. Cook said: "After just over 45 years in the financial services industry, of which 34 have been spent as a financial adviser, I have decided now is the right time for me to retire." Cook had not planned to...

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

FCA urged to prioritise a 'common sense' approach

FCA urged to prioritise a 'common sense' approach

Last week’s PA Asks poll highlights industry’s thoughts on the FCA

Sahar Nazir
clock 25 March 2024 • 2 min read
Advisers overlooking younger clients over asset value bias

Advisers overlooking younger clients over asset value bias

'Young people need to have access to trusted advice'

Sahar Nazir
clock 22 March 2024 • 1 min read
Financial advice crucial as near-term challenges remain

Financial advice crucial as near-term challenges remain

'A good IFA has rarely been more valuable'

Ahmed Bawa
clock 22 March 2024 • 4 min read