Succession targets 50 acquisitions by 2017

Succession Group has bought four more firms and plans to acquire 50 of its best performing members in the next two years.

The firm has today announced its four latest acquisitions, boosting combined assets under management by £400m to a total of £10.5bn.

The new acquisitions are Harrogate-based Prosperitas Financial Solutions, Retford-based Independent Wealth Management Consultants, Warwick-based Rossmore Financial Services and Wimbledon-based Equity Invest.

And the firm plans to acquire “the best 50 firms” from its 80-strong membership by the end of 2017.

Succession chief executive Simon Chamberlain says: “Our unique business model continues to appeal to a diverse range of IFA businesses who are looking to build on their existing solid foundations and capitalise their hard work. Our proposition resonates with sector specialists and talented individuals.

“We are pleased that four more successful, well-established and respected firms have chosen to join Succession as a member firm, working with us to build value into their businesses”.