Succession adds £520m FUM through quadruple acquisition

Total consideration of £20.6m

Hannah Godfrey
clock • 1 min read

Succession has paid a total of £20.6m to acquire four more businesses from its affiliated membership, in a move that boosts the group's funds under management (FUM) by £520m.

Harrogate-based Prosperitas Independent Financial Advisers, Sigma Asset Management in Surrey, Dorset-based Norris and Fisher Independent Financial Services and Tim Burton, an appointed representative of Norris and Fisher, bring the total number of acquisitions by the IFA consolidator up to 40. Succession corporate director Paul Morrish said: "Building on our experience and expertise, we are pleased to have deployed our new fast-track acquisition process - further refining our traditional, proven model - for those businesses that already share our model, values, vision and passion for wea...

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