Perspective Financial Group has completed four further acquisitions, meaning it made 12 acquisitions in the first half of 2023, matching the number made in the whole of 2022.
The four acquisitions are: Brighter Financial Services Ltd in Halifax; Airedale Personal Financial Solutions Ltd in Holmer Green, Buckinghamshire; Granite Coast Ltd in Cambridge and Brigham Wealth Management LLP in Harrogate.
In total, the group has completed 67 acquisitions since it was founded 16 years ago, and now has 31 offices across the UK, 110 financial planners and a total of 410 staff.
Perspective has also exchanged contracts on a further seven deals which will all complete in the coming months. Each acquisition meets Perspective’s criteria and shares its “client-centric culture”.
Ross McFadzean and John Jackson, directors of Brighter Financial Services Ltd, said: “Having experienced tremendous growth since we were founded in 2010, we decided the time was right to access support from a larger firm.
“This will provide long-term security to the provision of financial advice for our clients, career security for our staff, and the commitment to maintaining and growing an office in the area.
“A very positive element for us is access to the Perspective Academy, not only to assist with our growing client bank, but to ensure that there is a strong future for our firm in the area.”
Norman Foley and Trevor Herbert, directors of Airedale Personal Financial Solutions Ltd said: “Our attention has been drawn towards succession planning as we approach retirement ourselves, to ensure the future continuity of service to all our valued and loyal clients.
“We are delighted to become part of Perspective as they clearly share our ethos, ethics and client focused approach.”
Stephen Clifton, chairman of Granite Coast Ltd said: “Everyone we have met and had contact with from Perspective has given us great confidence that they will offer the care and client service we believe is essential.
“Whilst Perspective has the scale of a national group, they successfully retain the feel of a local firm. Their commitment to maintaining a local office in Cambridge and taking on our excellent team was a key element to our decision to join them.”
David Brigham, managing partner of Brigham Wealth Management LLP said: “Having worked on my own for a number of years, I decided the time was right to access help and support from a larger firm, including assistance with the increasing burden and cost of regulation.
“Perspective is closely aligned to Brigham Wealth Management’s values and approach which will ensure continuity for my clients.”
Perspective chief executive Ian Wilkinson said: “We are delighted that these four firms chose to become part of us. These deals add a further 1,100 households as clients and £310m in AUM. We welcome everyone from these firms to the Group.
“We have our biggest ever pipeline of acquisitions, both large and small, and relish the opportunity to continue to grow further at scale and pace.
“We are delighted to announce we are officially a carbon neutral business and have been certified by Carbon Neutral Britain. We have been working on strategies to reduce our carbon footprint and we are committed to doing our part to create a better world.”
“Perspective has been built around a culture of putting our clients at the centre of our decision-making process to ensure that we always deliver good client outcomes, as far back as our beginning in 2007.
“We always put ourselves in our clients’ shoes first and foremost, so our vision and core values are perfectly aligned to the incoming Consumer Duty, as though the new Principle was written to match our entire ethos.”
