Perspective adds three offices and £600m AUM with five IFA acquisitions
5th October 2026
Deal summary
Perspective Financial Group has acquired five financial advice businesses, adding £600m in assets under advice, seven financial advisers, 22 employees and three new offices to the national group.
The five businesses are Carlton Smith Private Wealth, Novus Wealth Management, Annandale Financial Services LLP, Plumb Financial Services and Shand Associates. Together, the transactions take Perspective's total completed acquisitions in 2026 to 19.
The new offices are in Stowmarket, Wynyard and Dumfries. Clients of Plumb Financial Services and Shand Associates are instead joining Perspective's existing office network. Chapters Capital was pleased to have advised on the sale of Plumb Financial Services.
About Perspective Financial Group
Perspective is a national financial planning and wealth management group founded in 2008. Charlesbank Capital Partners became its lead private equity investor in 2024, with Perspective's management team retaining a significant shareholding.
The group now operates more than 70 offices across the UK and employs more than 900 people. Perspective has continued to grow through a mixture of new regional offices, acquisitions of established advice firms and smaller client bank transactions.
About the acquired firms
Carlton Smith Private Wealth is based in Stowmarket, Suffolk, and was established in 2010. The firm became part of Perspective in June and now operates as Perspective (Carlton Smith Private Wealth). Founder Nic Carlton-Smith remains with the business as a financial planner.
Novus Wealth Management has become Perspective's Wynyard office in Stockton-on-Tees. The Novus name has been replaced by Perspective (North East), with its existing team continuing to support clients from Wynyard Park House.
Annandale Financial Services LLP, based in Dumfries, gives Perspective its second office in Scotland. It follows Perspective's acquisition of Johnstone-based Phoenix Wealth Solutions, which established the group's first Scottish office earlier in 2026.
Plumb Financial Services has transferred its clients into Perspective's Central & East business rather than becoming a standalone Perspective office. Chapters Capital advised on the transaction.
Shand Associates is also being integrated into Perspective's existing office network rather than creating a further new location.
What this deal means for IFA owners considering a sale
The five acquisitions show that the post-sale structure can vary considerably even within a single acquirer.
For owners weighing up what they want their own transition to look like, Chapters Capital provides guidance on pre-sale planning, selling your IFA and retiring and selling your firm while continuing to advise.
Perspective Financial Group's other recent acquisitions
TaxAssist Direct Financial Services – July 2026
Perspective acquired TaxAssist Direct Financial Services alongside the launch of TaxAssist Plus Financial Planning, a joint venture giving TaxAssist clients access to financial planning and wealth management services through Perspective.
Phoenix Wealth Solutions – July 2026
The Johnstone-based financial advice firm became Perspective's first acquisition in Scotland. Phoenix retained its existing team and local office, providing Perspective with a base for further expansion in the country.
Grosvenor Wealth Management, Graham Investment Management, Professional Financial Centre (Cumbria), Sapphire Wealth Management, Belper Independent Financial Solutions and Throgmorton (Phil Taylor) – April 2026
The six acquisitions added approximately £550m in assets under advice, ten financial planners and new offices in Harpenden, Penrith and Belper. Chapters Capital advised on the sales of Professional Financial Centre and Belper Independent Financial Solutions.
Considering your next chapter?
At Chapters Capital, we specialise in financial planning and wealth management M&A.
If you own an IFA, financial planning or wealth management firm, we can help you understand the options available to you, from pre-sale planning and selling your firm to retire, through to sell and stay structures and partnership programmes.
For a confidential conversation about valuation, buyer fit or your route to market, contact our team.
📞 +44 (0)204 519 7811 | ✉️ info@chapterscapital.co.uk
To stay updated with relevant M&A news, sign up for our fortnightly newsletter, The Foreword.
