With offices in Maidenhead and Farnham, Succession has over £200m of funds under management.
Last year, the firm secured funding of over £25m from HSBC and its existing shareholders – including Inflexion Private Equity – for acquisition of what it sees as the “best 50 firms from its affiliated membership” by the end of 2017.
Succession’s platform business has £4.5bn of funds under management with a further £8bn in the back books of affiliated members. Both Chambers Group and Plan4Wealth have come through this route.
Simon Chamberlain, group chief executive of Succession, said: “Lewis Chambers and Plan4Wealth joined Succession with a clear agenda for acquisition.
“Already in fantastic shape and a great fit for our model, we made the acquisitions in record time – within just six months of them joining as member firms.
“As client-centric firms, a seamless acquisition with no disruption to the business was vitally important to both Lewis Chambers and Plan4Wealth, who have been able to continue providing essential services to clients throughout.”
