Founded in 2002, DFP’s team of 11, all of whom will be joining Succession, provides advice on retirement planning and investments to clients across the south and south-west of England. 

This marks Succession Wealth’s 63rd acquisition since 2014 and the third under Aviva ownership, following the purchases of G+E Wealth Management in October 2022 and Spence & Spence in May 2023. 

It also follows the appointment of Daniel Jones last November as M&A head, as part of its growth plan after Aviva bought the business. See more here.

The firm has bought a variety of financial advisor/wealth businesses in the UK in recent years, part of a consolidation drive in the sector that dates back to the Retail Distribution Review reforms of 2013. 

“Our approach to M&A remains the same: only pursuing opportunities where we believe there is genuine strategic value for both parties, not building scale for its own sake. In the current environment, a number of high-quality advice firms are looking for a partner that can provide greater assurance to acquisition terms, has a proven track record and a solid balance sheet to acquire and integrate successfully. This is giving Succession Wealth a strong competitive advantage,” James Stevenson, chief executive officer at Succession Wealth, said.