Succession Wealth has acquired Yorkshire-based IFA business G+E Wealth Management adding more than £800m in assets under management (AUM).
The acquisition is Succession's first since it was bought by Aviva in March for £385m and takes its AUM to more than £10bn. It bought Pannells Financial Planning in January, which added £1.4bn of client assets. G+E Wealth Management, which has offices in York and Leeds, was founded in 2006 to offer both individuals and business owners bespoke financial solutions in line with their long-term goals, according to the business. Succession Group chief executive James Stevenson said: "We felt a genuine synergy when we met G+E Wealth Management. The importance they place on creating a posi...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
