Wealth manager Perspective Financial Group Ltd has acquired Worthing-based Accord Financial Management Ltd and Rotherham-based RPG Financial Ltd for undisclosed sums.
Taking the number of acquisitions made by the firm this month to four and 19 this year to date.
The Group has now made 75 acquisitions since its inception 16 years ago with 37 offices across the UK with 125 financial planners and a total of 460 staff.
As well as now having £7bn ($8.5bn, €8bn) of assets under management (AuM) for clients.
To read more on this topic, visit: UK wealth manager makes double acquisition
Perspective has also exchanged contracts on a further seven deals which it says will complete in the coming months.
Paul Roper and Jason Bant directors of Accord, said: “We launched our business in 1999 and since then have experienced tremendous growth due to numerous recommendations from existing clients and professional connections, for which we are immensely grateful.
“To sustain and grow the business further, we knew we needed the support of a larger partner including access to the next generation of financial planners, and also assistance with the ever increasing regulatory burden.
“We are delighted to become part of Perspective as they clearly share our ethos, ethics and client-focused approach. This move will provide long term security to the provision of financial advice to our clients and career security our staff.”
Stephen Dilks, Richard Garner and Richard Pink directors of RPG Financial, added: “ After an exhaustive search, Perspective really stood out. From the outset, it was clear they are a genuinely client-centric firm with great professionalism across all aspects of their operation.
“A key aspect that we required in a larger partner was the reassurance for clients and staff that nothing would change significantly on a day-to-day basis.”
Ian Wilkinson chief executive of Perspective, commented: “2023 has been a year of strong and significant progress for us as we continue to deliver our highly selective acquisition strategy, completing a record number of acquisitions.
“We are over a third bigger than we were a year ago. It’s pleasing that the firms we acquire consistently comment on our professionalism and ‘can do’ attitude.”
