News

14
Jun

Accredited Financial Planning Firm Maze sales to Succession

Maze Wealth has been acquired by Succession for £1.2m.
Maze is based in Beckenham and began working with Succession in 2013, aiming to grow its capital value. Maze specialises in wealth management for senior executives and partners and has £40million of funds under management.
Succession Group CEO Simon Chamberlain said: “Ambitious IFA and wealth management firms, like Maze Wealth, join Succession with a clear agenda to build value and capital into already high-performing business models.”
“In our experience it is what happens post-acquisition that counts, and our unique approach to acquisition and rapid integration provides a clear sense of continuity for clients and staff.”
Maze founder Dhan Sharma said: “There will be no nasty surprises for Maze clients as Succession is the only acquirer that doesn’t expect business owners to abandon their commitment to independence. Succession’s continued investment in people, technology and infrastructure is a compelling proposition for advice firms looking to springboard to the next level.”
“Clients have already experienced very real benefits of our membership of Succession. We joined three years ago, and the targeted client propositions, attractive pricing, financial planning tools and integrated technology ensure we deliver a premium wealth planning experience.”
“Many business owners describe their business as their pension. While I have no plans to retire yet, this acquisition has de-risked my pension planning by delivering an attractive capital event now and secured the medium and long-term future for clients and staff, while enabling me to continue to do the job I love.”
Regional law firm Foot Anstey advised Succession on the acquisition.