M&A Update: Prosser Knowles

This acquisition adds approximately £400m of assets under advice, 27 staff (including a number of individuals who will be taking up group roles at Perspective post-integration) and two office locations in Gloucester and Droitwich.

Pictured (left to right): Nick Aston and Dan Stokoe.

Ian Wilkinson, CEO said “We are absolutely delighted to announce the successful completion of a landmark acquisition in Prosser Knowles. This is an important moment for our firm and a powerful testament to the hard work, dedication, and expertise of our entire M&A and integration teams.

In Prosser Knowles and the team, we have found a firm that is culturally aligned and built on the same client-centric philosophy as Perspective.  We remain a whole of market financial planning firm at heart, and we hope and expect that both the clients and staff of Prosser Knowles will benefit from being part of our group in the long run.

To support future expansion, we will be retaining both offices and establishing them as new regional hubs.  We are pleased to welcome our new colleagues and for us to build an even stronger future together”.

Sam Ward, Head of M&A said “To be able to attract a firm like Prosser Knowles to Perspective demonstrates the strength of our proposition to like-minded firms of any size.  Our partnership model allows firms like Prosser Knowles to become part of a larger organisation whilst retaining the culture and client relationships that have driven its strong performance to date, alongside sharing in the upside of continued growth.

As we continue to strengthen our M&A and integration capabilities, we were pleased to exchange after three months of exclusivity, supported by an efficient, in-house–led due diligence process. We are also proud to retain all staff, ensuring uninterrupted service for clients. In addition, three high-performing Prosser Knowles team members will move into newly created group roles at Perspective, further enhancing our central capabilities”.

Nick Aston, Managing Director of Prosser Knowles (now Perspective (Prosser Knowles)), said:

“We are proud to partner with Perspective after 38 years of success. This move supports our continued growth and ensures we can maintain exceptional service for our clients. Perspective is a partner we trust to safeguard our clients’ interests and future.

Perspective’s rigorous due diligence reflects the quality of the firms it brings into its group, and we are pleased to join such a well-selected network of professionals. We have worked hard to ensure clients continue to receive the same high-quality service from the same trusted team in our Droitwich and Gloucester offices, and early feedback has been both positive and supportive.”

Dan Stokoe, Regional Director of Perspective, pictured with Nick Aston, said

“I’m delighted to welcome the Prosser Knowles team to Perspective. I’m looking forward to a seamless and productive integration, and to driving continued growth and mutual learning as we move forward together with our shared resources and expertise.”

Dale Gough, Director of Prosser Knowles, said:

“After 38 years of supporting our clients, we sought a partner that shared our core values and had the scale to support our future growth. Perspective was the clear choice, being aligned with our commitment to both clients and our team.

We look forward to serving clients under the Perspective (Prosser Knowles) banner, benefiting from the advantages of being part of a larger group. With many years ahead in the sector, it was also important to me to join an organisation that offers meaningful opportunities for both Prosser Knowles and the wider group in the future.”