News

8
Oct

Punter Southall Aspire acquires JDP Financial Services to extend its personal financial planning business

Punter Southall Aspire has acquired JDP Financial Services Ltd, a well-established firm of independent Chartered Financial Planners based in Bedford who provide tailored financial advice for individuals, families and retirees. The acquisition will further grow Punter Southall Aspire’s personal financial planning arm.
This deal will also expand Punter Southall Aspire’s financial planning team by adding three highly experienced Chartered Financial Planners.
This is the second IFA firm Punter Southall Aspire has acquired this year. It acquired Oxford IFA Focus Oxford in June and the company plans to acquire other firms in the future as part of its strategy to become a national personal financial planning business.
JDP Financial Services brings £220m Assets Under Advice (AUA) to Punter Southall Aspire, taking the total AUA at the firm to £4bn.
Steve Butler, CEO, Punter Southall Aspire said, “We are delighted to have completed the acquisition of JDP Financial Services. It is a high quality chartered financial planning business, with excellent advisers offering a range of services for individuals including at retirement. This is an important acquisition for us and a milestone in our journey to becoming a nationwide personal financial planning business.”
John Cleverley, Managing Director, JDP Financial Services said, “We are delighted to become part of Punter Southall Aspire. There are many synergies between our companies in terms of values and outlook. This deal will enable our clients to benefit from greater levels of investment and wealth management solutions, offered by a larger team and supported by cutting-edge technology solutions.”