Perspective acquires four advice businesses adding £240m in AUM

Perspective has signed eight acquisition deals in 2023

Jenna Brown
clock • 3 min read

Perspective Financial Group (Perspective) has sealed four more acquisition deals bringing its total for the year to eight and adding a total of £240m in assets under management (AUM).

The group bought Tees Valley Asset Management, P Bennett & Associates, Oak Financial Management (MCR) and Marlborough Place, it confirmed. It said the acquisitions created a new office location for the group in Belfast - its first in Northern Ireland and brought its total to 27 offices. It added the deals meant it had signed eight acquisitions in 2023 and a total of 63 since it was formed 16 years ago. Perspective also announced it had exchanged contacts on another seven deals all due to complete in the coming months. It added that each acquisition met Perspective's criteria and...

To continue reading this article...

Join Professional Adviser

  • 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

Advisers say inflation is the biggest threat for clients

Advisers say inflation is the biggest threat for clients

Taxation is cited as a close second threat for clients, according to advisers

Isabel Baxter
clock 07 December 2023 • 1 min read
Low awareness of bond tax benefits 'a growing concern for advisers'

Low awareness of bond tax benefits 'a growing concern for advisers'

Clients not making use of tax benefits from onshore investment bonds

Sahar Nazir
clock 06 December 2023 • 2 min read
Skerritts has bought Chester-based planning firm Chadwick McLean adding £230m in assets under management

Skerritts adds £230m AUM with Chester adviser acquisition

Second deal under Paul Feeney took reigns at PE-backed firm

Jenna Brown
clock 06 December 2023 • 1 min read