View more on these topics

Succession acquires six advice firms as assets pass £8bn

Network UK mapSuccession Wealth has acquired six advice firms across the UK in a new phase of growth that will see it target more regional areas.

Together, the acquisition deals total £800m in assets under management, with 16 advisers and 2,100 clients joining the group.

Bristol firm Ellaby Pollard, Warwick Butchart Associates in Cheltenham and Winter Financial Services in Marlow have been acquired.

Succession Wealth has also purchased Glasgow-based Killermont Investments to strengthen its presence in the Scottish city, with another Glasgow firm also set to join Succession’s ranks subject to FCA approval.

Inverness-based Mackenzie Strategies has also been acquired.

Speaking to Money Marketing, Succession group communications and public relations director Mark Stokes says: “Scotland is an area of our business that we are very proud of and there are plenty of developments happening in the various regions of the country.”

Two of the six firms acquired in this latest round were part of Succession’s advisory network prior to their full buyout.

Succession Wealth adviser to head up CISI Birmingham branch

Succession chief executive James Stevenson says: “Since the launch of our advisory business just five years ago and the acquisitions we have completed, Succession Wealth is now in a very strong position to continue to deliver sustainable growth.

“The most sustainable companies prioritise their relationships with their clients and stakeholders, and our aim is to ensure everyone who is interested in benefiting from full financial planning and wealth management has ready access to the best possible advice.”

Stokes says the group has not ruled out making acquisitions in Northern Ireland and Wales but will not look to expand to the Channel Islands.


Dynamic Planner launches Mifid II reporting tool

Dynamic Planner has fully launched its Elements tool today which focuses on helping advisers with Mifid II charge disclosures. The tool is part of a three-year, £5m programme of upgrades from the business. The first stage of the programme was launched in January after 18 months of development and is the front runner in the […]

Japan’s dependence on overseas automobile production

Time and again commentators persistently insist that exports and world trade are the primary drivers of Japanese corporate profits. However these outdated assumptions face an underlying fundamental problem, namely that since 1993 overseas production of 4 wheeled vehicles by Japanese firms has exceeded their export from Japan, currently by a volume of more than 4:1. […]


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