Perspective 'boosts footprint' with deals

A financial advisory and wealth management firm says it is primed to “continue growing at pace” after completing a series of takeovers.

Perspective Financial Group - having announced in November it had completed a century of acquisitions - has "further developed its national footprint” with five further deals.

The agreements mean Perspective made 29 acquisitions in 2024, and has now made 107 in total since its 2008 founding.

It says the latest transactions have added £375 million in assets under advice to the business, as well as 1100 new client households and three additional offices in Derbyshire, Lincolnshire and Cheshire.

The additions are Hallidays Wealth Management, in Stockport; Foinaven Asset Management, in Ashbourne; Tony Fenton & Sons, in Caistor; PW Financial Management, in Cheadle; and the client book of a longstanding adviser based in Perspective (Home Counties) Ltd.

Ian Wilkinson, chief executive of Perspective, which complements its Newcastle base with offices in Darlington, Hexham and Harrogate in North Yorkshire, said: “We are delighted to have finished 2024 so strongly, and that these high quality, client-centric firms have chosen to become part of Perspective. 

“We welcome a number of new colleagues to our expanding group, including three new offices to further develop our national footprint.

“We look forward to seeing what 2025 brings for Perspective, and hope we can continue to capitalise on our strong momentum and pipeline. 

“We are meeting both large and small firms, and plan to continue growing at pace with our highly selective acquisition strategy.”

Simon Roberts, financial planner from Foinaven, which has become Perspective (Foinaven), added: “After many years of providing a high level of service to our clients, I wanted this to continue indefinitely in a more protected environment for all concerned. 

“After careful consideration, I was very pleasantly surprised to meet Perspective, who operate in the same way as we do, and I look forward to continuing the journey to serve our clients with the professionalism they deserve.”

Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →

Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.