It has more than 10 deals in the pipeline which will be completed in ‘the next few months’
Perspective Financial Group has acquired Darlington-based financial planning firm Atkinson White Partnership (AWP).
The deal adds £130m ($178m, €146m) in assets under management (AUM) from around 500 wealth management clients.
AWP founders Simon Atkinson and Neil White are to retire from the business in a few months, but will remain as consultants until that time.
This marks Perspective’s 39
th acquisition since it was founded in 2008 and brings the firm’s AUM to £3.2bn.
Ian Wilkinson, chief executive of Perspective Financial Group, said: “This acquisition further strengthens our national network giving us an additional local office in the important Darlington, Teesside and North Yorkshire region.