The group forms part of vertically integrated Succession Holdings, which last year revamped its senior management team to help reach its goals of acquiring 50 firms by the end of 2017. Click here to read more on the additions to the team.

“We have brought capital to the sector, and uniquely created opportunities for business owners and their employees to establish themselves as part of the value chain and reap the rewards of their life’s work,” said Succession Holdings' group chief executive, Simon Chamberlain.

Chamberlain added that IFAs must retain control of clients to secure their place in the advice value chain.

“Succession Group’s acquisition programme is attracting significant interest from a new generation of ambitious IFA businesses who want to be part of a successful client-centric wealth management advisory brand,” he said.

Reading-based Finch Financial Services' managing partner, Paul Finch, said: “Being acquired by Succession Group ensures continued innovation, with long-term security for clients and succession planning for the team.”