Perspective Financial Group Acquires Two Advisory Practices

May 14, 2012

On May 9, 2012, Perspective Financial Group announced that it had acquired two advisory practice groups, Ad Valorem Wealth Management and Falcon Pensions & Investments  


On May 9, 2012, Perspective Financial Group, Ltd. announced that it had acquired two advisory practice groups, Ad Valorem Wealth Management LLP and Falcon Pensions & Investments, Ltd.  These acquisitions increase the number of new firms added to Perspective Financial Group to four in 2012.  Perspective Financial Group is one of the top 15 UK financial advisory firms by revenue size, with approximately £2.4 billion in assets under management. Ad Valorem Wealth Management LLP is based in Newcastle Under Lyme, UK and has approximately £150 million in assets under management.  Falcon Pensions & Investments Ltd. (which will change its name to Key Pensions & Investments) is based in Bristol, UK and has approximately £50 million in assets under management.  The terms of the transactions were not disclosed.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions