M&A activity is re-shaping the UK financial advice market. Based on analysis of acquisitions between Q1 2021 and Q1 2024 this report provides an overview of the market for financial advice business acquisitions, including drivers, trends, and profiles of the major consolidators and aggregators.

This report forms part of NextWealth’s research and insight on the financial advice market. In addition to market reports, NextWealth offers bespoke board presentation content on the advice market and distribution landscape. We host live events and offer consultancy services to support propositional development and testing strategic decision-making.

Who is this report for?

This market report is intended for people in strategy, proposition, distribution and marketing roles in asset management firms, platforms and DFMs. It can also be used by investors and acquirers to understand the market dynamics and the strategy of the major acquirers. The report can be used by:

• DFMs to ensure strategic partnerships are in place with acquirers and to understand the risk when an acquisition of an existing client takes place.
• Asset managers to understand the investment proposition of acquirers, to fine tune distribution strategy and to better understand the ambition of acquirers.
• Platforms to prioritise strategic partnerships, understand risk when financial advice firm supporters are acquired, develop strategies to support acquirers and to mitigate risk.
• Financial advice businesses to understand the profile and motivation of acquirers.
• Private equity firms and consolidators to identify takeover targets and to understand the needs of this changing market.

Methodology

The results presented in this report are based on:

• NextWealth analysis of public transaction details over the last three years
• Interviews with 18 acquiring firms
• Acquisition data from 69 individual firms covering 299 deals
• Surveys of financial advice professionals
• NextWealth knowledge and insight based on our on-going work in the retail wealth market

You can read more about the report by completing the form and downloading the sample report. Or get in touch at enquiries@nextwealth.co.uk to purchase a full copy.