NextWealth has published the third update to the Consolidator and Aggregator Report.

Merger and acquisition (M&A) activity continues to shape the UK financial advice market. Based on analysis of deals taking place between Q1 2021 and Q1 2025, this report provides an overview of the market for financial advice business acquisitions, including key drivers and trends. We also include 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 research and board presentation content on the advice market and distribution landscape. We host live events and offer consultancy services to support propositional development and test strategic decision-making. Email enquiries@nextwealth.co.uk for further information.

Who is this report for?

This report is aimed at anyone interested in market dynamics and the strategy sitting behind financial advice firm acquisition. We have written the report with multiple roles in mind, from strategy and proposition, to distribution and marketing across asset management, platforms and technology firms. It can also be used by investors and acquirers to better understand the market in which they are participating. This report can be used to:

• Identify opportunities and threats for distribution
• Target firms for new key partnerships
• Profile the main acquirers and understand their motivations
• Understand the trends and challenges of acquisition and integration
• Compare different financial advice firm acquirers’ approaches

Methodology

The results presented in this report are based on:

• Interviews with 10 acquiring firms and 9 industry professionals in February 2025.
• NextWealth analysis of public acquisition data covering 500+ deals over four years.
• NextWealth knowledge and insights from ongoing work in the retail wealth market.

Complete the form to download a sample of the report or get in touch at enquiries@nextwealth.co.uk to gain a sample copy of the report.