Monday, 13 May 2019 14:49

Perspective buys first London Financial Planning firm

Rate this item
(1 Vote)
Ian Wilkinson Ian Wilkinson

Perspective Financial Group has revealed its first acquisition in the capital with the purchase of a Financial Planner and wealth manager.

The group has acquired Thornton Springer Financial Services LLP, which gives Perspective a hub in the capital for the first time, and expands its national network to 15 offices across the UK, including Eastbourne, Marlborough, Chester and Newcastle upon Tyne.

Thornton Springer Financial Services, based in Norwood, has been established for over 25 years.

Originally part of the accountancy firm Thornton Springer LLP (which is not included in this deal), the firm became a separate LLP in 2006 and gained Chartered status in 2011.


It advises a range of private clients and businesses in the south east London area and will be re-named Perspective (Thornton Springer) Ltd.

The deal is Perspective’s third acquisition this year and its 34th since the group was founded in 2008, with further buys said to be set to happen “over the coming months”.

The firm says its focus is “to merge established financial advisory firms with its existing offices, as well as opening new locations in carefully selected areas”.

Ian Wilkinson, group managing director of Perspective Financial Group, said: “Establishing our first hub in London is a significant step and we are pleased to have a firm of the calibre of Thornton Springer joining the group.

“We welcome Peter Weston, Andrew Walford and their staff to the team.

“Like them, we believe in delivering an outstanding personal service to clients from local offices.

“We can now provide additional support to them with our strong and professional central service functions including compliance, finance, marketing and HR, meaning advisers spend their time with their clients.

“Our in-house Perspective Training Academy with 20 students across the UK, which we plan to double over the next two years, is already producing a strong cohort of young, talented advisors.

“The average age of our advisers is 47, a whole decade younger than the industry average.

“These initiatives are helping us attract and retain high quality advisers who stay with the group, the average tenure of one of advisers being eight years, making us well set for the future.”

Peter Weston, partner at Thornton Springer Financial Services LLP, said: “We have got to know Perspective and its management team well through this process, and it is clear that both our clients and the business will benefit from Perspective’s additional expertise and greater resources.

“We will continue to operate with the same team from the same premises, ensuring our combination of personal service, technology and competitive charging will continue.

“We are impressed with Perspective’s vision and pleased to be their first London office.”


FREE. Get more stories like this daily to your inbox. Unsubscribe at any time. Sign up now.

Last modified on Tuesday, 14 May 2019 08:01
FINANCIAL PLANNING JOBS - Advertise your vacancy from £99 ex VAT
Reach 12,000+ professionals by advertising your vacancy with us. Set up an account and post your job the same day. Big savings for advertising 2 or more vacancies.
Special Offer: Use code 'FPJSaver10' on checkout to save on selected packages. Click for details: