UK-based advice firm Cooper Parry Wealth has bought financial planning business Future Perfect for an undisclosed sum.
The purchase increases the firm’s assets under management to more than £1bn ($1.25bn, €1.14bn) and results in a team of more than 50.
Future Perfect was founded in 2005, by Nick Crowe and Sue Royle. Crowe plans to stay at Cooper Parry Wealth for two years, to ensure a smooth transition and Royle will have a more long-term role in the business.
This deal comes months after Waterland Private Equity agreed to invest in the parent group of advice firm Cooper Parry Wealth.
Ade Cheatham, Cooper Parry chief executive, said: “It’s been an incredibly fast start to the year and we’re on a roll. This Future Perfect deal is another sign of Cooper Parry’s 100% commitment to size and scale through the PE-backed acquisition of high-calibre firms – who are the right fit – to help drive our ambitious, client-first growth.”
Cooper Parry Wealth has won two International Adviser awards, for excellence in marketing and for best adviser firm in the 2020 Best Practice Adviser Awards.
