Perspective plans to double in size over the next two years

Perspective Financial Group has said it expects to double in size within the next two years.

The consolidator announced today (6 June), that it has completed nine acquisitions so far in 2024, bringing its total to 87 since it was founded 16 years ago.

It is now more than three times the size it was five years ago.

Included in the nine are the acquisitions of four client books from Perspective’s self-employed adviser base.

In May, the business received investment from US private equity firms Charlesbank.

Perspective chief executive Ian Wilkinson said the company is “delighted” to remain “highly active” in the acquisitions space and build upon its “long-standing reputation as an attractive home for client-centric vendors.”

“This includes the execution of our strategy to acquire the client books of our self-employed advisers, most of whom have been part of our group for many years,” he said.

“We continue to see significant opportunity for acquisitions in a busy market, and we expect to maintain this trajectory of acquisitions for the rest of the year and beyond.

“Encouragingly, we are seeing a combination of larger and smaller acquisitions in our pipeline, which remains as strong as ever.

“With our client-centric approach and strong values, plus our increasing scale through investment from Charlesbank Capital Partners, we offer well-run IFA businesses the best possible home for them and their clients when they are ready to sell.

“Our clients – including our vendors’ clients – are already benefiting from this scale through our ability to continually drive down total costs to our clients, therefore delivering better value for money.”