Succession Wealth acquires Pannells Financial Planning

The deal takes Succession Wealth's private client assets under administration (AUA) to more than £9.4bn and marks the firm's 59th acquisition since 2014, according to the company. The purchase of Pannells FP follows the double acquisition JCF Financial and Bankhouse it made before Christmas, which brought a further £211m in client assets. The acquisitions will complete subject to regulatory approval. Set up in 1989, Pannells has seven offices in England and Scotland and supports both individuals and businesses. James Stevenson, chief executive at Succession Group (pictured), said: ...