National wealth management firm expands team with £55m acquisition
Perspective Financial Group Ltd, the national financial planning and wealth management firm, announced it has completed the acquisition of St Lawrence Investment & Pension Solutions Ltd.
The acquisition of St Lawrence in Canterbury adds 175 households as clients and around £55m AUM to the Group, coming just weeks after Perspective announced it had already completed seven acquisitions to date in 2021.
St Lawrence, founded by David Earl in 2002, opens up a new location for Perspective in this part of the country where it already has long established offices in Eastbourne, Maidstone and London.
David Earl, founder and managing director of St Lawrence said: “I feel that now is the right moment to introduce additional strength and depth to support the services we provide to our clients in this challenging and uncertain world.
“Whilst I have taken steps over the years to put in place systems and controls to support the business, being part of a larger organisation will provide our clients with a more robust financial advice service going forwards and ensure continuity across many aspects of the firm in the future.
“I have been delighted by the way Perspective has engaged with us on this process. Everyone I have met is highly professional, responsive and ensures clients always come first.
“They see the value of retaining a local, long-established office and support this with the strength of a national group. This is a very compelling proposition which I am very confident will deliver long term security to the provision of financial advice to our clients and career security for our staff.”
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