Perspective Financial Group has bought Newcastle-based IFA practice Galloway Whitfield (Life & Pensions) - its first acquisition of 2019 and 32nd such deal since 2008.
The national adviser said the firm - which was established in 1985, has annual turnover in excess of £300,000, funds under management of £50m and "strong recurring income" - would become part of its Newcastle upon Tyne-based North East office. It added that founder and managing director Alan Galloway would continue to work for an initial term, prior to his eventual retirement, to ensure a smooth transition for clients while financial adviser Julie Hunter had also transferred to Perspective and would continue to advise existing and new clients. According to Perspective, a further two d...
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