New Model Adviser - For professional financial planners

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Punter Southall Aspire buys £275m Dorset IFA

Workplace pensions, investment and savings company Punter Southall Aspire has acquired Dorset-based IFA Coleman Financial Services, as part of its plans to become a national financial planning business

Punter Southall Aspire buys £275m Dorset IFA

Punter Southall Aspire has acquired Dorset-based IFA Coleman Financial Services, boosting its assets under advice by £275 million as it bids to become a national advice business. 

The acquisition will add around 450 retail clients and 130 corporate clients to Punter Southall Aspire, as well as 24 staff members based across Poole, Exeter and Southampton.

It is the third advice acquisition made by Punter Southall Aspire since it launched a financial planning business in June 2018. Peter Selby (pictured) was recently appointed managing director of retail advice to lead the firm's growth. 

Punter Southall Aspire's planning business currently has £4 billion of assets under advice

Coleman Financial Services managing director Simon Fisher said the 'experienced team of advisers' at Punter Southall Aspire convinced him to sell. 

He added: 'The deal will benefit our clients in many ways, offering greater levels of resources and more investment and wealth management solutions, all supported by leading-edge technology.’

Punter Southall Aspire chief executive Steve Butler said the company's latest acquisition was 'strategically important and key to our ambitious growth plans' and would grow the firm's client base. 

He added: ‘Coleman Financial Services is a highly respected firm of financial advisers in the South of England. Under the direction of the firm’s managing director Simon Fisher, the business has gone from strength to strength and has an impressive team serving a broad range of retail and corporate clients.'

Share this story

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
More Content
7459.88 -11 0.15% 04:35
More Content
More Content

ADVICE

3 Comments Breakfast Club: From offshore oil worker to running an advice firm

Breakfast Club: From offshore oil worker to running an advice firm

Jennifer Ellis runs Wellington Wealth alongside sister Nicola Ellis, emphasising the importance of family and client service

twitter_banner

INVESTMENT