Xentum announces new strategic partnership
11th January 2012
Xentum is delighted to announce that it has formed an alliance with Succession Advisory Services (Succession) in a move to expand its successful financial planning operations over the long term.
Xentum has joined forces with the leading specialist consolidation and capital creation firm in a partnership that will make it one of an exclusive group of wealth management companies that benefit from institutional back up and support as well as funding to target and acquire other north west Independent Financial Advice (IFA) businesses.
The alliance with Succession will put Xentum in the enviable position of maintaining its independence while giving its financial planners access to; a wider group of City investment specialists, the latest technology and training opportunities as well as assistance in meeting stringent new regulations being introduced by the Financial Services Authority in 2013.
Dominic Baldwin, who launched Xentum in 2004 to provide an independent, bespoke wealth management service for high net worth individuals, said: “We’re really excited to have joined an elite partnership of industry professionals in order to achieve our ambition of trebling in size over the next three years. The technology, support and training we’ll receive from Succession will accelerate our progress and enhance the professional service we already give our clients."
Simon Chamberlain, Chief Executive of Succession said: "Xentum is a dynamic client-centric business with an enlightened, talented and entrepreneurial team. Xentum clearly has the capacity and network to expand and develop its high quality and powerful brand and we are delighted to support Xentum's acquisition and expansion plans."
