PERSPECTIVE ACQUIRES TWO MORE FINANCIAL PLANNING FIRMS

Perspective Financial Group has successfully executed two additional acquisitions, bringing the total for the year to 17. These acquisitions encompass Campbell Harrison in Sheffield and Strategic Financial Portfolios in Halesowen, resulting in an influx of £220 million in assets under management and the establishment of two new local offices under the Perspective umbrella.

The firm also revealed that it has entered into contracts for seven more acquisitions that are slated to be finalized in the forthcoming months. Ian Wilkinson, the CEO of Perspective, highlighted the robustness of their acquisition pipeline, which has exhibited continuous growth on a monthly basis. He emphasized their intention to sustain substantial and rapid growth through their highly discerning acquisition strategy.

Wilkinson further noted that Perspective has successfully rekindled discussions with six firms in the past two months, all of which had previously terminated negotiations with other potential acquirers.

Directors Mohammed Bostan and Robert Anglin of Strategic Financial Portfolios expressed their priority of maintaining their local office with the existing team intact, albeit benefiting from Perspective’s expertise and guidance. They stressed the client-centric approach of Perspective, which they believe will lead to enhanced services and economies of scale for their clients.

In contrast, Alex Campbell, director of Campbell Harrison, mentioned his impending retirement but assured his continued involvement during a transitional period to ensure a seamless transition.

These recent acquisitions come on the heels of a triple deal in September, when Prosperity, AYP Financial Planning, and an undisclosed firm in the northeast of England joined the Perspective fold.

Over its 16 years in operation, Perspective Financial Group has now completed an impressive total of 73 acquisitions. The firm boasts 35 office locations across the UK, supported by a team of 120 financial planners and a workforce totalling 450 employees

 If you’d like a confidential, obligation-free discussion about selling or acquiring a Wealth Management / Asset Management business, please click here, alternatively contact us at 0207-043-4300 or email us.