Chorley-headquartered Perspective Financial Group has opened its first London office through its latest acquisition, with Dow Schofield Watts in Warrington providing financial due diligence.

The firm has bought Thornton Springer Financial Services in a move which expands its national network of operations to 15 including in Eastbourne, Marlborough, Chester and Newcastle.

Thornton Springer Financial Services has been established for more than 25 years. Originally part of accountancy firm Thornton Springer LLP – which is not included in the deal – it became a separate LLP in 2006 and gained Chartered status in 2011.

It is Perspective’s third acquisition this year and 34th since the group was founded in 2008, with further takeovers set to happen over the coming months.

Ian Wilkinson, group managing director of Perspective Financial Group, said: “Establishing our first hub in London is a significant step and we are pleased to have a firm of the calibre of Thornton Springer joining the Group. We welcome Peter Weston, Andrew Walford and their staff to the team.

“Like them, we believe in delivering an outstanding personal service to clients from local offices. We can now provide additional support to them with our strong and professional central service functions including compliance, finance, marketing and HR, meaning advisers spend their time with their clients.”

Peter Weston, partner at Thornton Springer Financial Services LLP, added: “We have gotten to know Perspective and its management team well through this process, and it is clear that both our clients and the business will benefit from Perspective’s additional expertise and greater resources.

“We will continue to operate with the same team from the same premises, ensuring our combination of personal service, technology and competitive charging will continue. We are impressed with Perspective’s vision and pleased to be their first London office.”

Legal advice to Perspective was provided by DWF’s Manchester office.

Perspective Financial Group London