M&A Update 2024

The five acquisitions are: Hallidays Wealth Management in Stockport, Foinaven Asset Management in Ashbourne, Tony Fenton & Sons in Caistor, PW Financial Management in Cheadle and the client book of a longstanding advisor based in Perspective (Home Counties) Ltd.

Karl Fenton, Financial Planner from Tony Fenton & Sons, which now forms the Group’s Lincoln hub office and is renamed as Perspective (Fenton & Danes) said: “We had discussed options for the next phase of our company for some time with Tony approaching his retirement, but with myself, Ben and Jonathan still looking to continue our careers as advisors.

“Perspective was the first company of many that we met with while looking into a sale, and from day one it always seemed like the right fit, not least because of the shared values when it comes to treatment of clients and processes. The journey to completion was tough, as you would expect, but made so much easier by the dedicated and supportive staff throughout the company, who are a pleasure to deal with.”

Financial Planner, Simon Roberts from Foinaven, which becomes Perspective (Foinaven) in Ashbourne said: “After many years of providing a high level of service to our clients, I wanted this to continue indefinitely in a more protected environment for all concerned. After careful consideration I was very pleasantly surprised to meet Perspective, who operate in the same way as we do, and I look forward to continuing the journey to serve our clients with the professionalism they deserve.”

Ian Wilkinson, Chief Executive Officer of Perspective said: “We are delighted to have finished 2024 so strongly, and that these high quality, client-centric firms have chosen to become part of Perspective. We welcome a number of new colleagues to our expanding group, including three new offices to further develop our national footprint.

“We look forward to seeing what 2025 brings for Perspective, and hope that we can continue to capitalise on our strong M&A momentum and pipeline. We are meeting both large and small firms and plan to continue growing at pace with our highly selective acquisition strategy.”