No stopping the momentum: Perspective Financial Group

National financial planning and wealth management advisory firm Perspective Financial Group has unveiled further growth plans following a number of acquisitions.

The company says it continues to “see significant opportunity in a busy market” having already completed 15 takeovers in 2024.

The deals come after Perspective was earlier this year backed by Charlesbank Capital Partners, a move it expects will help the company double in size within two years and treble staff numbers to at least 1500.

The agreements include four client books from Perspective’s self-employed adviser base and mean the business, which has offices in Newcastle, Darlington, Hexham and Harrogate, North Yorkshire, has now made 89 acquisitions since its founding 16 years ago.

Highlighting its growth ambitions, Ian Wilkinson, Perspective chief executive, says: “We are delighted to remain highly active in the acquisitions space and build upon our longstanding reputation as an attractive home for client-centric vendors.

“We added a further office – in September – in Dore, near Sheffield, and acquired a business in Egham, Surrey, whose clients will, predominantly, be served by our existing nearby office in Chesham, Buckinghamshire.

“We continue to see significant opportunity for acquisitions in a busy market, and expect to maintain this trajectory of acquisitions for the rest of the year and beyond.

“Encouragingly, we are seeing a combination of larger and smaller acquisitions in our pipeline, which remains as strong as ever.

“With our client-centric approach and strong values, plus our increasing scale through investment from Charlesbank, we offer well-run independent financial advisory businesses the best possible home for them and their clients when they are ready to sell.

 

• Ian Wilkinson, chief executive

 

“Our clients – including our vendors’ clients – are already benefiting from this scale through our ability to continually drive down total costs to our clients, therefore delivering better value for money.”

Meanwhile, the firm, whose 40-strong office portfolio includes sites across England, Wales and Northern Ireland, reiterated its support for the areas it serves by donating £12,000 to a number of charities.

Staff – who deliver more than 3500 hours of hands-on support to charities and community projects each year – selected seven causes to support at the company’s annual conference, held in Birmingham, with board members generously personally matching Perspective’s initial donation to reach the £12,000 figure.

The charities included Cancer Research UK, Alzheimer’s Society, Dementia UK and Muscular Dystrophy UK.

Dementia UK received £1000, which will be used to support the work of a specialist dementia nurse – known as an admiral nurse – that helps those with dementia live independently for longer.

Hilda Hayo, Dementia UK chief executive, says: “Our nurses are here to help people when they need it most; they have the time to listen and the knowledge to solve problems.

“For families affected by dementia, they can be a lifeline; they help give them strength to cope with the bad days and the energy to enjoy the good days.”

Hailing the impact of Perspective’s support, a Muscular Dystrophy UK spokesperson, adds: “With this help, we are able to fund ground-breaking research and life-changing support for people living with muscle wasting and weakening conditions.

“Together, we are changing the future.”

The Scout Association, Midlands Air Ambulance and The Movement Centre, in Shropshire, also received financial support.

Outlining Perspective’s commitment to the voluntary sector, Ian adds: “I strongly believe that giving back to charities and communities is a key part of what makes us a successful group.

“I’m proud of how well our 550 staff actively engage with the communities around them.

“I think it works both ways – our six values include doing the right thing, always delivering and teamwork.

“These are just as important within our business as for the communities and charities that we support.”