Succession adds four new firms

IFA consolidator Succession has added four new partner firms.

Surrey-based Sigma Asset Management, Lymm-based Xentum Wealth Management, Wessex Investment Management and Nottingham-based Firth & Scott Financial Services join Succession with a total of almost £500m assets under management.

The new additions bring the total of Succession members to 40 with a total of £6bn assets under management.

Succession chief executive Simon Chamberlain says: “Succession’s powerful proposition appeals to businesses who have already established an optimum structure and now seek to grow assets and achieve capital value for their stakeholders.”

In December, Succession announced it was to launch a national proposition in collaboration with the first five firms it acquired outright.