Financial planning and investment management firm Succession Group has announced the acquisition of London Wall Partners.
The move marks Succession’s fourth acquisition under Aviva ownership and its second in 2024.
London Wall Partners was founded in 2012 to support families with significant levels of capital and currently has over £900m of assets under advice. It provides independent advice to city professionals, entrepreneurs, and executives in industry and family estates.
Succession confirmed that all partners and staff at London Wall Partners will continue to operate from the firm’s London offices.
Founder and senior partner of London Wall Partners, Nick Fletcher, said: “Our business has been built on a love for our clients and staff, the integrity of independent advice, and the ability to provide clients with whole-of-market financial planning and investment management solutions, which will remain central to how we operate.
“It is for this reason that we were attracted to the opportunity of partnering with Succession, where we can continue to provide independent advice, while benefitting from the additional capacity and resources that come with a large, established firm.”
Succession Wealth CEO, Roger Marsden, said the acquisition has significantly enhanced its independent financial advice offering and gives the firm a distinctive proposition for families with significant resources, which he said is a “key strategic growth area for Succession”.
“We are currently seeing a large number of high-quality firms looking for a partner with a proven track record and who also provides underlying funding and ongoing certainty for clients and staff,” Marsden added.
“This gives us a strong competitive advantage and we are pleased to be able to focus on joining forces with established firms like London Wall Partners which specialises in this important part of the market.”
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