As part of the purchase Financial Connection will change its name to Financial Connection Wealth Management.
The firm will continue to be managed by Jackie Lee-Lis. She is the only registered individual within the business.
The firm has funds under management of £27m and recurring income of £330k per annum.
Damian Keeling, managing director of Perspective Financial Group, said: “With this purchase we welcome Financial Connection Wealth Management to the Perspective Group and make our second acquisition of the year.
“Financial Connection adds to our depth of proposition within the Home Counties and the South East.
“Financial Connection is a quality operation run by Jackie and she has built up a loyal client base and a reputation for service excellence. It is a significant acquisition for the group.
“We continue to grow and develop through acquisition as well as by supporting our existing offices with all their business needs and ambitions. We fully expect to make more additions to the Perspective Group throughout 2012 and have a strong pipeline to achieve this.”
Lee-Lis, manager and owner of Financial Connection Wealth Management, said: “This is a hugely significant moment for Financial Connection and it is very pleasing to be joining an advisory group with the financial strength and dedicated support of Perspective.
“I am very proud of the business we have grown here and feel now is the time to situate it within a structure which can help me take it to the next level.
“The challenges do not go away of course but with the help of the Perspective team I am looking forward to delivering ongoing quality and value to my client base and to being part of one of the industry’s major success stories.”
