Wealth management and financial planning firm Succession Wealth has appointed a director of mergers and acquisitions as it sets its sights on acquiring larger firms in the market.
Succession appointed Mark Day, who joins from his role as corporate finance director at EY, to manage all major deals as the company acts on its plans to manage in excess of £10bn assets under advice.
The firm said the hire reflected the "significant factor" mergers and acquisitions played in its expansion plans, in particular with larger firms.
Former IFA Mr Day said: "It is a very exciting time to be joining Succession Wealth and recent and ongoing acquisitions are testament to the group’s commitment to growth as the UK’s largest privately-owned wealth management business.
"I am thrilled to be part of such a dynamic firm."
The newly created role has been filled alongside five senior positions at the wealth manager, including directorial roles covering regulation, finance and general counsel, as the company seeks to bolster its "long-term sustainability".
Irena Barker was appointed to the role of director of integration, where she will lead the integration of acquired advice businesses into the firm.
Ms Barker, who was previously principal consultant in the financial services division of Capco, will work in partnership with the company's mergers and acquisitions arm.
Sarah Lord, a fellow of the Personal Finance Society and a certified financial planner, has been appointed as Succession's director of client strategy and Tony Bullock has joined the firm as its regulatory compliance director.
Succession said this appointment reflected its growing focus on regulatory compliance, with Mr Bullock joining from his most recent position as head of risk and compliance at Chase De Vere.
Steve Willis and Adrian Webb have joined the wealth manager as group finance director and group general counsel respectively, with Mr Webb also taking up the position of company secretary.
James Stevenson, chief executive of Succession Wealth, said: "I am delighted with the calibre of talent joining our firm as we embark on a new decade and look to achieve our goals.
"These appointments demonstrate our investment in the long-term sustainability of Succession Wealth and our desire to be the leading financial planning practice here in the UK."
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