Succession

About 

Under Inflexion’s stewardship, Succession pursued an ambitious acquisition programme with 60 businesses acquired, making it the UK’s largest independent wealth manager on its sale to FTSE 100 business Aviva plc. 

Founded in 2009, Succession is the UK’s largest independent wealth management businesses with 200 planners advising c19,000 clients on £9.5 billion of assets. Succession provides wealth management and financial planning services to individual and corporate clients. 

Value acceleration 

Inflexion’s extensive M&A experience made us the perfect partner for the Succession team, whose ambitions were largely based on a focused acquisitive-growth programme. We supported a strengthening of the leadership team and central functions to support the growth of the business, which consolidated its market through its 60 acquisitions. This made it the UK’s largest independent financial adviser with 200 planners advising c19,000 clients on £9.5 billion of assets, up from £1.7 billion when we invested. We also helped the firm to develop a vertically integrated wealth management proposition, ultimately making Succession the only independent financial adviser consolidator with its own platform. It was sold to FTSE 100 business Aviva plc for £385m.