West Lancashire independent financial adviser (IFA), Acumen Financial, has secured new investment which will see it become part of a UK wide group of regional champions.
The Burscough-based company, founded two decades ago, has attracted a strategic investment from accounting and wealth management firm One Point Advisory Services, as part of a partnership-led structure.
One Point, supported by investment firms Cow Corner and Summit Partners, helps grow accountants and IFAs who want to preserve their independence as leading firms in their local market rather than becoming part of a national firm.
The deal sees Acumen’s senior leadership team, headed up by CEO Angela Maher, remain in place and continuing to run the business.
Ian Symes, CEO, One Point Advisory Services said:
“As one of the longest standing investors in the accounting and IFA industries our mission is to support local firms who want to stay local and build regional champions.
“With Acumen Financial as partners, we can support the team with a scalable platform for growth, succession planning and partner incentivisation.
“This long-term approach further strengthens the business and provides continuity for clients and teams, with the added benefit of wider group support and capability.”
Angela Maher, CEO, Acumen Financial said:
“This year is our best yet, in terms of new clients and a record turnover.
“We’re thrilled to be partnering with One Point whose guidance and support will mean continued investment in our team and continued delivery of the best outcomes for our clients.
“We have a strong board in place ready to drive the business forward backed by credible investors, making sure we continue to build a successful business fit for the future which can change people’s lives.”
To make an appointment with one of Acumen’s advisers, either online or in person, call 0151 520 4353.