Swindon & Wiltshire Business News

Financial planning firm acquired by national group

Tony AppsNational financial planning and wealth management group Perspective Financial has acquired Marlborough-based advisory firm Goodman Financial Planning.

Goodman Financial Planning, with £20 million of assets under management, was founded by Peter Goodman, who lives and works in Marlborough and is retiring after 25 years.

The firm will become part of Perspective’s existing office in Marlborough, Perspective (South West) Limited, which is headed by Tony Apps, managing director, and Sally Jones, operations director.

“Having known Peter for over 25 years, it gives me great satisfaction that he has entrusted his clients to us. Our young team are looking forward to building on the highly professional and caring service that Peter has provided for his clients over many years,” said Tony.

Peter said: “It was always going to be a difficult and emotional decision to retire as we felt a strong sense of responsibility towards our clients who we have got to know well over many years.

“However, having had a long standing professional relationship with Perspective’s office in Marlborough, I have seen at first hand their approach and am confident our clients will benefit from their additional expertise and greater resources. I have heard nothing but good reports about Perspective from everyone I have spoken to.”

Ian Wilkinson, group managing director of Perspective Financial Group Ltd, said: “This acquisition is consistent with our overall growth strategy to acquire quality client banks from retiring IFAs local to our existing office network, as well as opening new hubs in other carefully selected locations. It is our fourth acquisition this year and our 35th in total.

“This acquisition reinforces our position as the consolidator of choice for IFA’s looking to retire and exit the industry.

“We believe our offering for these types of business is very compelling with our strong client-centric, ethical approach providing an excellent home for the retiring IFA’s clients, and our appealing deal structure.”