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Succession to launch national arm

Succession is to launch a national proposition in collaboration with the first five firms it has acquired outright.

Succession Wealth Management will launch in the first quarter of 2012 subject to FSA approval, and the firm will look to add more of the 40 partner firms it has taken stakes in.

New firms will become part of the national proposition as and when they complete transition to the Succession model and are acquired outright.

Succession chief executive Simon Chamberlain (pictured) says: “Having rapidly achieved our plans, there was a real appetite to accelerate consolidation for those partner firms who had completed transition and were sitting on significant capital value within their business models.”

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