Succession Advisory Services has added £500m in assets with the addition of six new members.
Affinity Independent, Alchemy Advisory Services, Boler Wiseman Financial Services, Caledonia Financial Planning, Norris and Fisher Independent Financial Services and TMS Financial Solutions have joined Succession.
The addition of the members takes the total assets within the national advisory business to £8bn, with £1.5bn on its platform.
Succession says negotiations are ongoing with a further six companies, which are expected to join the company before the end of the year.
Succession chief executive Simon Chamberlain says: “Succession now has 60 member firms, and we are committed to buying the best.
“We have now concluded the acquisition of the first five, paying out a total value of over £12m.
“We will buy the next group of firms before the end of the year, and are committed to acquiring the rest of our members once they have met our requirements, which ensures client quality and profit through to the end of 2017.”