The company

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.

The Inflexion investment

Inflexion backed the buyout of Succession in 2014 with the investment supporting management’s ambition to scale through add-on acquisitions. Inflexion went on to support Succession to make 60 member advisory firms and bolt-on acquisitions over an 8-year period.

The Inflexion difference

Inflexion backed Succession in early 2014 when the firm had £1.7 billion of assets under advice and management was looking to scale through add-on acquisitions. The business has since established a proven track-record of consolidating advice firms through its 60 acquisitions to date, making it the UK’s largest independent financial adviser with 200 planners advising c19,000 clients on £9.5 billion of assets.

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. Additionally, Inflexion supported a strengthening of the leadership team and central functions to support the growth of the business.

We are very grateful for the incredible support Inflexion have been over the last eight years in helping us to consolidate the domestic market and achieve the scale we have. The demand for financial advice across the entire wealth spectrum has never been greater, and the opportunity to now combine Succession Wealth's holistic financial planning expertise with the capabilities and customer reach of Aviva is hugely exciting.

James Stevenson,

CEO, Succession Group