Four New Firms Acquired

Perspective Financial Group Acquires Four New Firms with More Growth Set to Come

Perspective Financial Group has purchased an additional four financial advisory firms, taking the group’s total to 12 acquisitions in 2023. The four acquisitions are: Brighter Financial Services in Halifax, Airedale Personal Financial Solutions in Buckinghamshire, Granite Coast in Cambridge and Brigham Wealth Management LLP in Harrogate.

The four financial advisory firms add a further 1,100 households as clients and £310m in assets under Perspective’s management. With the additional four acquisitions, Perspective has matched its total number of acquisitions in 2022. In total Perspective Financial Group has completed 67 acquisitions since it was founded 16 years ago, and now has 31 offices across the UK with 110 financial planners and a total of 410 staff.

Opportunities for Perspective’s Acquisitions:

Ross McFadzean, director of Brighter Financial Services, 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.”

He said one of the positive elements of the acquisition was access to the Perspective Academy, not only to assist with growing the client bank, but to ensure that there was a strong future for the firm.

The Perspective Academy was founded in 2014 and aims to grow the next generation of financial planners who share Perspective’s client-centric and ethical approach. Whether just starting out in their career or looking for a career change, the Perspective Academy offers a range of financial planning training to help participants progress their financial services career.

Meanwhile Norman Foley, director of Airedale Personal Financial Solutions, 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.”

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.”

What’s Next:

Perspective’s growth is still set to continue; a further seven firms have already exchanged contracts and are set to complete in the coming months. This will take Perspective Group far beyond their acquisitions in 2022, increasing their reach across the UK and offering their financial services to households across the country.

Ian Wilkinson, chief executive of Perspective, said, “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.”

Wilkinson said Perspective have been working on strategies to reduce our carbon footprint and are committed to doing their part to create a better world.