23rd October 2023
Perspective Financial Group Ltd (Perspective) is delighted to announce it has completed two more acquisitions this month, meaning the Group has made four acquisitions in October, and 19 this year to date. In total, the Group has made 75 acquisitions since it was founded 16 years ago, and now has 37 offices across the UK, 125 financial planners and a total of 460 staff. The Group now has £7 billion of assets under management for clients.
Perspective has also exchanged contracts on a further seven deals which will all complete in the coming months. Each acquisition meets Perspective’s criteria and shares the Group’s client-centric culture.
The two latest acquisitions are: Accord Financial Management Ltd in Worthing and RPG Financial Ltd in Rotherham.
Paul Roper and Jason Bant, Directors of Accord Financial Management Ltd (Accord) said: “We launched our business in 1999 and since then have experienced tremendous growth due to numerous recommendations from existing clients and professional connections, for which we are immensely grateful.
“To sustain and grow the business further, we knew we needed the support of a larger partner including access to the next generation of financial planners, and also assistance with the ever increasing regulatory burden.
“We are delighted to become part of Perspective as they clearly share our ethos, ethics and client-focused approach. This move will provide long term security to the provision of financial advice to our clients and career security our staff.
“Whilst Perspective has the scale of a national group, they retain the feel of a local firm. They share the same fundamental values as we do and are committed to growing our presence in the area.”
Stephen Dilks, Richard Garner and Richard Pink, Directors of RPG Financial Ltd said: “Since we founded RPG Financial 19 years ago, we have enjoyed significant success. However, our attention over the past few years has naturally been drawn towards ensuring the future of the business to enable us to continue to provide high levels of client advice and service.
“After an exhaustive search, Perspective really stood out. From the outset, it was clear they are a genuinely client-centric firm with great professionalism across all aspects of their operation. A key aspect that we required in a larger partner was the reassurance for clients and staff that nothing would change significantly on a day-to-day basis.
“We share Perspective’s belief in the value of a whole-of-market approach being key to providing high quality financial advice to clients. We are very much looking forward to our future with them.”
Ian Wilkinson, Chief Executive Officer of Perspective said: “We are delighted that another two client centric firms have chosen to become part of us. These acquisitions add a further 1,400 households as clients, £390 million in AUM and two new office locations. We welcome everyone from both these firms to the Group.
“2023 has been a year of strong and significant progress for us as we continue to deliver our highly selective acquisition strategy, completing a record number of acquisitions. We are over a third bigger than we were a year ago. It’s pleasing that the firms we acquire consistently comment on our professionalism and ‘can do’ attitude.
“Our acquisition pipeline of both large and small firms remains extremely strong and continues to grow month on month. This includes firms we are introduced to, those firms who approach us direct, and those re-engaging with us after terminating discussions with other acquirers, when these other acquirers have been unable to complete their proposed acquisition for various reasons.
“We recommend, indeed insist where possible, that all our vendors take references from previous sellers to us from all our previous acquisitions. This evidences that we always deliver on our promises, and do what we say we will do.
“Perspective has been built around a culture of putting our clients at the centre of our decision-making process to ensure that we always deliver good client outcomes, as far back as our beginning in 2007. We always put ourselves in our clients’ shoes first and foremost, so our vision and core values have meant that the principle and required outcomes of Consumer Duty have been deeply embedded in our business for many years.” ENDS
For further information please contact:
Ian Wilkinson, Chief Executive Officer, Tel: 0161 244 9759 or Email: email@example.com
David Hesketh, Chief Financial Officer, Tel: 0161 244 9759 or Email firstname.lastname@example.org
Charles Penn, Group Head of Marketing, Tel: 07799 821904 or Email: email@example.com
Our Purpose: We provide expert, specialised financial planning and wealth management advice that enables our clients to make full and effective use of their financial resources, so they can plan for and achieve the future they desire.
Our Vision: To build a sustainable and socially responsible business that is trusted by our staff and clients, never detracting from our core value that our clients come first in everything we do.
Our Six Values which help shape Perspective into the firm it is today:
- We are Client-centric
- We will Do the Right Thing
- We always Deliver
- We become a Trusted Member of the Family
- We continually Set Standards of Excellence
- We believe in Teamwork