View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
February 21, 2019

Perspective Financial takes over Investment Principles

Consolidator Perspective Financial Group has bought Investment Principles, a financial advisory business based in northwest England.

The acquired entity will join Perspective (West)’s operation, which has branches in Chester and Oswestry.

Investment Principles founder Kathy Richards will serve as a consultant, working with Perspective’s advisers to support the transition.

The deal, whose financial terms were not disclosed, marks Perspective’s second deal in a month.

The consolidator acquired Galloway Whitfield (Life & Pensions), a Newcastle-based financial advisory firm this January.

Perspective group practice director Ian Wilkinson, said: “This is another good acquisition for Perspective of a high-quality, well-respected IFA firm, which further builds our presence in north west England, an area of strength for the group where we already have a significant client base, which we are keen to build further.

“We welcome Kathy and her clients to the group. Our focus is on delivering an outstanding personal service to clients from local offices, supported by strong and professional central services including compliance, finance, marketing and HR, meaning advisers spend their time with clients.”

With the latest transaction, Perspective’s total number of acquisitions since its inception in 2008 stands at 33.

Wilkinson said that more acquisitions are in the pipeline across the UK.

The firm currently has 14 UK offices. It now intends to combine the financial advisory firms within the group to serve new clients.


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


Thank you for subscribing to Private Banker International