View more on these topics

Consolidator poaches Newell Palmer director to spearhead expansion plans

                                                            Kevin Homfray

Advice firm consolidator Perspective Financial Group has appointed former Newell Palmer executive Kevin Homfray to lead its expanded acquisition strategy.

The Cheshire-headquartered group says Homfray will drive its “ambitious acquisition plans” in the new role of acquisition director.

The group is also looking to merge established advice firms with its 15 existing offices across England.

Perspective has made 34 IFA acquisitions since it was founded in 2008, and expanded into London earlier this year with the acquisition of Thornton Springer Financial Services.

Homfray has previously held positions with infrastructure and engineering firms and lead the acquisition of more than 50 businesses in his 16-year stint at the now Ascot Lloyd-owned advice firm Newell Palmer.

Commenting on his appointment, he says: “Perspective’s vision and the opportunity the group sees for growth is clear and very motivating; it has a great client proposition and a reputation for handling acquisitions well which is critical to my role.”

The squeezed middle: can mid-sized firms adapt to survive?

Perspective managing director Ian Wilkinson says the appointment is part of the consolidator’s plans to become a leading provider of financial planning across the UK.

He says: “This is through both organic growth and further acquisitions, and to be the consolidator of choice for IFA’s looking to retire and exit the industry.

“Our offering for this is very compelling with our strong client-centric, ethical approach providing an excellent home for the retiring IFA’s clients.”



FCA to ban fixed overdraft fees

The FCA is banning fixed fees for borrowing through an overdraft as part of a major shakeup to the market. The regulator is calling an end to fixed daily or monthly charges, as well as fees for having an overdraft facility. Instead, the regulator will require banks and building societies to price overdrafts by a simple […]


Alan Lakey: Action needed on new wave of dubious cold callers

Most of us have been plagued by unsolicited emails, texts, calls and unsavoury adverts trying to persuade us to claim for payment protection insurance or road accidents that never happened. Now claims managers have fallen under the auspices of FCA regulation and are shortly to lose their golden PPI egg, they are desperately searching for […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm