Consolidation vehicle Succession Advisory Services has taken on four member firms in 2012, bringing in combined assets under management (AUM) of some £430m.
Alan Wardrop is stepping down from his position as finance director at Succession Advisory Services as part of a management shakeup at the consolidation vehicle, coinciding with the move to a new head office.
Succession Advisory Services has added Norwich-based adviser Trinity Financial Planning as a member firm.
National IFA Moneygate has acquired London-based adviser Equus Independent Financial Management for an undisclosed sum.
Wealth management consolidator Succession Advisory Services has added manager of managers SEI to its outsourced investment proposition, which it makes available to partner firms.
Succession Advisory Services has acquired a major stake in one of Scotland's largest IFA businesses as it seeks to establish four ‘hub' companies across the UK.
The compliance industry is out of step with the FSA over how to assess clients' attitude to risk, exposing advisers to unnecessary enforcement action, IFA consolidator Succession warns.
Michael Moore (Life & Pensions) has become the latest business to join consolidator Succession Advisory Services.
Advisory firms must wrest back control of their clients' assets from fund houses and insurance companies or risk "perpetuating the crime" of devaluing the distribution chain, Succession CEO Simon Chamberlain says.
Three firms have joined wealth manager and consolidator Succession Advisory Services, bringing with them funds under management totalling £175m.