Perspective adds £190m in AUM with double acquisition

The consolidator now manages £8bn in client assets and has 140 planners

Isabel Baxter
clock • 2 min read

Perspective Financial Group completed two more acquisitions shortly before the Christmas break.

The deal is for the clients of Simon McGechie and Paul Adams, both former Fairstone Financial Management colleagues, and Park Lane Independent Financial Advisers based in Colchester. Combined, McGechie and Adams bring 265 households as clients and £55m assets under management (AUM) to Perspective. Meanwhile, Park Lane Independent Financial Advisers bring 300 households as clients and £135m AUM. Perspective made 22 acquisitions in 2023 and has now completed a total of 78 acquisitions in its 16 years of operating. It has 38 office locations across the UK with 140 financial planners a...

To continue reading this article...

Join Professional Adviser for free

  • 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 Companies

How Söderberg aims to dominate the crowded UK platform market

How Söderberg aims to dominate the crowded UK platform market

‘We see ourselves integrating well into the financial services tech stack’

Isabel Baxter
clock 29 April 2024 • 3 min read
Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Dudley and Guildford-based IFAs purchased

Isabel Baxter
clock 17 April 2024 • 1 min read
Tatton sees AUM reach £17.6bn as advice firm numbers grow

Tatton sees AUM reach £17.6bn as advice firm numbers grow

Discretionary fund manager records net flow increase of 28% to £2.3bn

Isabel Baxter
clock 16 April 2024 • 2 min read