North West based financial planning company contract win

• This is Foresight’s second successful acquisition in two years
• The deal adds over £120m in assets and 700 clients to Foresight’s portfolio
• The move forms part of Foresight’s long-term growth plan

North West-based financial planning company Foresight Wealth Group marks a key milestone in its ambitious growth plans with the completion of its second acquisition in two years: the independent financial advisers, Cassons Financial Planning.

The deal adds over £120m in assets and 700 clients to the group’s existing portfolio, which is dealt with through its financial planning arm, Foresight Wealth Strategists. 

The purchase 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 upon 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.

“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 of Burnley-based Cassons Financial Planning, which traces its roots back to the early 1990s, aligns with Director Steven Greenwood’s decision to retire.

Steven added: “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.”

Headquartered in Hale, Cheshire, Foresight Wealth Strategists is a Chartered Independent Financial Planning practice that has been providing clients with comprehensive advice on all aspects of their finances since 1998. The firm specialises in providing holistic financial planning advice for its clients, who are predominantly professionals, business owners, and high-net-worth individuals.