Succession has paid a total of £20.6m to acquire four more businesses from its affiliated membership, in a move that boosts the group's funds under management (FUM) by £520m.
Harrogate-based Prosperitas Independent Financial Advisers, Sigma Asset Management in Surrey, Dorset-based Norris and Fisher Independent Financial Services and Tim Burton, an appointed representative of Norris and Fisher, bring the total number of acquisitions by the IFA consolidator up to 40. Succession corporate director Paul Morrish said: "Building on our experience and expertise, we are pleased to have deployed our new fast-track acquisition process - further refining our traditional, proven model - for those businesses that already share our model, values, vision and passion for wea...
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