Financial planner grows assets and client numbers following latest acquisition

Deal agreed

A Cheshire financial planning company has completed its second acquisition in two years, which will add more than £120m in assets and 700 clients to its existing portfolio.

Hale-based Foresight Wealth Group has acquired Burnley independent financial advisers, Cassons Financial Planning, for an undisclosed sum.

Foresight’s existing portfolio is dealt with through its financial planning arm, Foresight Wealth Strategists.

The deal will include taking over Cassons’ existing Burnley offices and staff to deal with the increased volume of planning with Foresight’s clients, who are located across the UK.

The acquisition builds on Foresight’s successful integration with Platinum SRI in 2022, and underscores the company’s continued commitment to both organic and long term strategic growth initiatives.

Simon Booth, CEO of Foresight Wealth Group, said: “We are thrilled to finalise the acquisition of Cassons and welcome its team and clients to Foresight. Cassons is an ideal fit for us, sharing our culture and client-centric approach.

“Our primary focus is in managing a seamless handover, providing a continuity of service to our new clients, and building on the planning that Cassons has provided. We are dedicated to making sure that clients feel valued and well supported by offering professional advice throughout their financial journey.”

He added: “This acquisition forms part of our wider strategic vision for sustained growth at Foresight and we will continue to explore opportunities to work and join with other companies that share our ethos and commitment to delivering high-quality service to clients.”

The acquisition aligns with Cassons director, Steven Greenwood’s, decision to retire.

He said: “Ensuring a strong continuity of service was a key factor for me in this process, and I am confident that the team at Foresight will not only manage this handover period successfully, but will also provide Cassons’ clients with excellent ongoing service and support for their financial planning needs.”

Foresight Wealth Strategists is a Chartered Independent Financial Planning practice that has been operating since 1998. It specialises in providing holistic financial planning advice for its clients, who are predominantly professionals, business owners, and high net worth individuals.

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