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Succession acquires female advice firm Independent Women

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Succession has acquired IFA Independent Women, a firm dedicated to providing financial advice for women, for an undisclosed sum.

Independent Women managing director Lesley Mackintosh will stay at the business, which she founded in 1997.

Independent Women’s specialist advice will be available throughout Succession Group’s regional network of client-servicing hubs. As well as savings, investment and retirement planning, the firms also offers advice around separation, divorce and bereavement.

Mackintosh says: “Women’s issues have had a major push in recent years, particularly in financial services where traditionally there has been a significant gender imbalance. That tends to mean a different delivery of service and often women have found that what was on offer was misaligned with their needs.”

Succession group chief executive Simon Chamberlain adds: “With Succession’s acquisition of Independent Women, clients have an opportunity to choose the service most appropriate for them.

“Many women – and indeed men – would prefer their planner to be a woman. Succession recognises this requirement and Independent Women has been established to deliver this proposition for our clients.”

Last week, Succession acquired member firms Lewis Chambers and Plan4Wealth in a deal that values the businesses at more than £10m.

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