Succession buys Scottish firm Spence & Spence with £170m assets

Deal remains subject to approval from the Financial Conduct Authority

Hope William-Smith
clock • 1 min read

Succession Wealth has acquired Edinburgh-based advice firm Spence & Spence which manages about £170m in assets.

The deal for the firm - announced today (9 May) - is Succession's second under Aviva ownership and follows its purchase of Yorkshire firm G+E Wealth Management last October. Spence & Spence was founded in 1994 and offers pensions and retirement planning, protection, investments and mortgages among other services. "Our priority has always been our staff and clients, and we have no doubt that they will all benefit from Succession's breadth and depth of expertise and capabilities," Spence & Spence director Charlie Spence said. "There has been a huge amount of support from Succession to e...

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