Succession Wealth snaps up two IFAs

Adds £211m AUA

Ayesha Venkataraman
clock • 1 min read

Succession Wealth has acquired two IFAs based in Winchester and Chippenham.

Winchester-based JCF Financial Services, which looks after £151m of client assets, and Chippenham-based Bankhouse Financial Management Ltd, advising on £65m, have been acquired by Succession, subject to regulatory approval. Collectively, the two deals add £211m of assets under administration (AUA) to the firm, giving Succession a total of £8.4bn AUA. The acquisitions bring the total number of acquisitions by Succession to 58 since 2014, which has included £5.1bn of assets. Succession was reportedly put on the market for £400m by its private equity owners last month. Its majority sh...

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

What a classic '80s movie tells us about today's language of financial advice

What a classic '80s movie tells us about today's language of financial advice

'Forty years is a long time in film. Even more so in financial services'

Roger Brosch
clock 27 January 2026 • 4 min read
Deal Dive: Advice firm deals 2025 wrapped

Deal Dive: Advice firm deals 2025 wrapped

Deals announced in Q4 before the year ended

Isabel Baxter
clock 27 January 2026 • 2 min read
Ahmed Bawa: The changes advisers are asking for in 2026

Ahmed Bawa: The changes advisers are asking for in 2026

Functionality, not workarounds

Ahmed Bawa
clock 27 January 2026 • 4 min read