Perspective Financial Group completed nine acquisitions of financial advice firms in the second half of October, taking its total past 100 since the group was founded in 2008.

As an indicator of the group’s recent rate of development, it reached the 50 milestone in March 2022.

In the period since, Perspective’s subsequent 50 acquisitions have been achieved at an average of one transaction every two and a half weeks.

Collectively, the acquisitions have added £1bn of assets under advice, 2,500 households as clients, six additional office locations and 48 members of staff.

Perspective CEO, Ian Wilkinson, said: “The uncertainty around potential tax changes in the Budget created a desire from a number of vendors to complete transactions in an accelerated timeframe.

“We are delighted to have been able to respond to the challenge, demonstrating the efficiency of our process and the dedication of our team. These nine transactions add a further six strategic office locations for Perspective, which in turn will greatly assist in further delivering our business plan.”

The latest acquisitions have expanded the group’s national footprint with new locations in Preston, Reading, Rotherham, Teesside, Towcester and Warwick.

Perspective’s new firms include Springfield Financial Services in Preston, Millfield Osceola Financial Consultancy in Twyford, Reading, Hawley & Wood in Rotherham, Fortitude Financial Planning in Towcester, Warwick Financial Solutions in Warwick, Edgmoor Financial Planners in Manchester, Keith Mason Wealth Management in Canterbury, a client bank in Teesside, and a self-employed adviser buy-out.

Warwick Financial Solutions director, Greg Jones, said that the firm had found a partner in Perspective who are a “perfect fit” for clients and its staff.

“I know Perspective takes great care in who they acquire with significant and detailed due diligence, so we are very proud to become part of the organisation,” Jones said. “Our clients will be looked after by the same staff and advisers as before, which achieves a seamless continuity for all our clients for the future.”

Edgmoor Financial Planners director, Barry O’Neill, added: “As a small firm, we were finding the increasing regulatory requirements onerous, when what we wanted to do was spend more time with clients. Joining Perspective allows us to do that. They provide the regulatory framework for us, allowing us to do what we do best, speak to clients and help manage their finances.”

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