The company

Founded in 2009, Succession is one of the UK’s largest independent wealth management businesses. Succession provides wealth management and financial planning services to individual and corporate clients. It also operates its own open architecture platform, allowing a fully integrated wealth management process. Inflexion’s investment supports management’s ambition to scale through add-on acquisitions.

The Inflexion difference

Inflexion’s M&A experience made it a perfect fit for the Succession team, whose ambitions are largely based on a focused acquisitive-growth programme. We are working together to create the UK’s largest independent wealth management business by supporting acquisitions and have provided follow-on funding to facilitate the firm’s rapid growth in this space. Additionally, we have aided the management team to enhance and formalise financial reporting and governance procedures, with a senior member of the team taking on the role of CEO at the beginning of 2018. We have worked with management to create additional leadership roles, including a Group HR Director and four strategic roles to ensure the smooth evolution of such a fast-growing business taking on member firms.

It has been a real honour to lead this ambitious and fast-growing company since the beginning of 2018. Since partnering with Inflexion Private Equity in January 2014, Succession Group has acquired member firms at an extraordinary pace, adding geographic coverage and high-calibre advisers for clients. Succession has recently competed its 50th acquisition, creating a truly UK-wide independent wealth management specialist.

James Stevenson,

CEO, Succession Group