Perspective adds £70m in assets with acquisition of three IFAs

The firm's three recent deals bolstered Perspective's offices in Newcastle upon Tyne, Darlington and Dinnington and added 290 households as clients and £70m in assets under management (AUM) to Perspective in total. The first acquisition was of Esk Valley Financial Services in Redcar on a trade and asset basis. Founded by Paul Gatenby in 2002, the firm has 150 households as clients and £30m AUM with a client bank predominantly comprising rural and farming clients stretching from Whitby to Guisborough. Gatenby is retiring from the industry, according to Perspective. Gatenby said: "It wa...