View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
January 7, 2020

CBPE Capital invests in UK wealth adviser Perspective

Private equity firm CBPE Capital has invested in Perspective Financial Group, a UK-based financial planner and wealth adviser.

CBPE will collaborate with Perspective’s management who will re-invest in the firm to drive its expansion through takeovers and organic growth.

Perspective group managing director Ian Wilkinson said: “In CBPE we have found a partner that will help us accelerate our organic and acquisitive growth strategy.”

The move secured the go-ahead from the UK’s financial watchdog Financial Conduct Authority (FCA). Financial terms of the deal were not disclosed.

CBPE director Richard Thompson said: “Perspective is a great business with a strong management team, robust compliance approach and a respected and increasingly high-profile brand.

“We have been hugely impressed with the strength of the team, but also their absolute focus on the client. We believe this quality is key to the success of Perspective.

“We look forward to supporting management as they deliver on the strategy which combines a continued focus on providing high quality advice to their existing client base, growing organically and making selective acquisitions.”

Perspective provides advice related to retirement planning, investment, inheritance tax planning, personal wealth as well as corporate planning.

Besides, the wealth adviser delivers investment management services through its Cambridge Investments unit.

The firm has 15 branches and a client base of 18,000. It has staff headcount of more than 180.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Private Banker International