July 29, 2019 @ 10:56 by Richard Dawson
Financial planning and wealth management firm, Perspective Financial Group, has announced another acquisition.
The company has purchased Goodman Financial Planning based in Marlborough, bringing the total number of Perspective acquisitions to 35, with four coming this year.
Goodman was founded by Peter Goodman, who is retiring after 25 years in the industry. It has £20 million of assets under management.
Ian Wilkinson, group managing directorof Perspective Financial Group Ltd, said: “This acquisition is consistent with our overall growth strategy to acquire quality client banks from retiring IFAs local to our existing office network, as well as opening new hubs in other carefully selected locations.
“It reinforces our position as the consolidator of choice for IFA’s looking to retire and exit the industry.
“We believe our offering for these types of business is very compelling with our strong client-centric, ethical approach providing an excellent home for the retiring IFA’s clients, and our appealing deal structure.”
Peter Goodman added: “It was always going to be a difficult and emotional decision to retire as we felt a strong sense of responsibility towards our clients who we have got to know well over many years.
“However, having had a long-standing professional relationship with Perspective’s office in Marlborough, I have seen at first hand their approach and am confident our clients will benefit from their additional expertise and greater resources. I have heard nothing but good reports about them from everyone I have spoken to.”