View more on these topics

Succession targets 50 acquisitions by 2017


Four firms have joined Succession Advisory Services as members, with Succession planning to acquire 50 of its best performing members in the next two years.

The firm has today announced its four latest members, boosting combined assets under management by £400m to a total of £10.5bn.

The new memberss are Harrogate-based Prosperitas Financial Solutions, Retford-based Independent Wealth Management Consultants, Warwick-based Rossmore Financial Services and Wimbledon-based Equity Invest.

And the firm plans to acquire “the best 50 firms” from its 80-strong membership by the end of 2017.

Succession chief executive Simon Chamberlain says: “Our unique business model continues to appeal to a diverse range of IFA businesses who are looking to build on their existing solid foundations and capitalise their hard work. Our proposition resonates with sector specialists and talented individuals.

“We are pleased that four more successful, well-established and respected firms have chosen to join Succession as a member firm, working with us to build value into their businesses”.



Succession Group acquires IFA for £2.9m

Succession Group has acquired independent advice firm DNG Financial Solutions for £2.9m. DNG Financial Solutions has offices in Daventry and Northampton. The deal, which is subject to FCA approval, is Succession Group’s 14th acquisition. Succession Group chief executive Simon Chamberlain says: “Our proven consolidation and acquisition model ensures rapid integration of member firms and provides […]


Succession Advisory Services posts £1.4m profit

Succession Advisory Services has reported a £1.4m pre-tax profit for 2014, up from £384,981 the previous year The platform and consultancy business is part of Succession Holdings, which also owns national advice firm Succession Group. It reported a 29 per cent increase in funds under management, from £1.6bn in 2013 to £2.1bn in 2014. Turnover […]


Succession recruits Sesame IT director

Adviser consolidation firm Succession has recruited Sesame IT director James Stevenson as group operations director. Stevenson will join Succession next month to lead the integration of acquired member firms, with particular focus on the consolidation of back-office systems and operational performance. Stevenson was previously director of adviser technology propositions at Sesame, the advice network owned […]


Succession to require advisers to take level 6 qualification

Succession is requiring its financial planners to become level 6 qualified in the next 24 months. The firm has committed £50,000 to support the 60 advisers in its wealth management business to take the qualification. It has partnered with the Institute of Financial Planning to develop a support programme. Succession says that when it looks […]

Budget summary – March 2016

This week’s Budget looked as if it would be a difficult one for the Chancellor, with disappointing economic numbers and the need to avoid ruffling feathers ahead of June’s in/out referendum. Nevertheless, Mr Osborne did spring a few surprises, including some tax reductions. So how does this budget affect you? If you are – or […]


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