Perspective Financial Group has bought Clayden Financial Planning, PW White & Partners, Constellation Financial Solutions, and the client book of a long-standing adviser based in Perspective’s Newcastle office.
The latest transactions brings Perspective’s total to 15 this year and 93 since the group was founded 16 years ago.
The deals also add approximately £350mn assets under advice, 940 households as clients, and two new offices in Ipswich and Amersham, bringing the total number of offices to 41.
Additionally, 20 members of staff will join Perspective.
Perspective chief executive officer, Ian Wilkinson, said: "Those four acquisitions further demonstrate the range of deal structures that Perspective can offer to client-centric vendors, tailored to their individual requirements and timelines.
“We welcome a number of new colleagues to our expanding group, including new offices in Ipswich and Amersham.”
The acquisition of PW White & Partners in Amersham adds a new office for Perspective in the Buckinghamshire area while Constellation joins the existing Perspective office in the town of Darlington.
Additionally, Clayden will become Perspective, opening up a new office for the group in Ipswich.
Clayden Financial Planning founder and director, Leigh Clayden, said: “After 30 years of providing financial advice, I wanted to make sure that my staff and clients would be looked after when I decided to retire from the financial services industry.
“It was important to me to find an acquirer who had the same professionalism, same culture, ethos and ethics as myself, always putting clients’ interests first.
“I carried out a thorough search to identify the best long-term partner who shares my personal values and standards of client service professionalism.
“When I met with Ian Wilkinson and his team at Perspective, they provided me with the confidence that they would meet all my criteria and provide my staff and clients with the best place for their long-term future needs and requirements.”
tom.dunstan@ft.com
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