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Succession adds £400m with double acquisition

Business-Handshake-Finance-Deal-700.jpgSuccession Group has completed the double acquisition of Accountants Financial Services (Scotland) and H&L Financial, adding more than £400m in funds under management to the business.

AFS is based in Edinburgh and Glasgow and H&L, which is the holding company for Inspire Wealth Management, is based in Manchester and Stratford-on-Avon. Both businesses started working with Succession earlier this year and were acquired through the “fast-track” process.

AFS managing director Paul Scarff says: “We chose to work with Succession Group because of the obvious synergies between our businesses – not least, a commitment to independent investment advice and financial planning.”

Inspire Wealth Management co-founder Colin Hanrahan says: “Like other centres… Manchester will become a key location in Succession’s growing network of client servicing hubs, creating a solid base to continue the acquisition trail, and providing highly-specialised resource within a single centre of excellence to meet the extensive needs of clients across the UK.”

Succession corporate director Paul Morrish says the business is “delighted” AFS and Inspire chose Succession.

In August, Succession announced the acquisition of four members, adding more than £520m in funds under management.



Succession appoints new directors in executive reshuffle

James Stevenson is appointed Succession Group managing director and Sanjay Shah appointed managing director of Succession Advisory Services Succession Group has announced a number of new management appointments in a reshuffle of senior staff. James Stevenson has been appointed as its managing director and Sanjay Shah will become managing director of Succession Advisory Services. Stevenson joined […]

Succession acquires Paul Jones and Equity Invest in £4m deal

Succession Group has acquired member firms Paul Jones Financial Services and Equity Invest for a total consideration of £4m The consolidator has now acquired four businesses this year. It bought member firms Lewis Chambers and Plan4Wealth in March in a deal that valued the businesses at more than £10m. Paul Jones is based in Southampton and […]


Succession chief executive Simon Chamberlain passes away

Succession chief executive and founder Simon Chamberlain has sadly passed away In a statement, the company says he died suddenly earlier today. No further announcements are being made at this time. Succession says: “Our thoughts and concerns are with his wife Helen and children Charlotte, Henry and Olivia at this difficult time.” The company will […]


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