Wealth manager Succession Wealth has continued is plans for national growth with the opening of a head office in Birmingham.
The office on Church Street in the city's business district will house 60 of Succession's 175 wealth planners and the company intends to develop a national training and conference centre nearby.
Paul Millar, regional partner at Succession Wealth in Birmingham, said the city had grown to become an attraction for large businesses and their employees.
He said: "Its programme of infrastructure and transport improvements makes it a thriving place to do business and a logical choice for our new head office.
"We are a nationwide firm with offices all over the UK. We wanted a HQ that reflects our standing in the UK professional financial planning sector and positions us right in the heart of the country.
"We have a clear strategy for sustainable growth and development, and I am enthusiastic about the new opportunities this move represents for the Succession Wealth."
Nationally, the company now has 15 regional offices, employing 460 staff, including its wealth planners.
The move is part of the consolidator's growth plans which earlier this year saw it hire a director of mergers and acquisitions as it set its sights on acquiring larger companies in the advice market.
Succession appointed Mark Day, who joined 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.
The wealth manager currently manages around £8.5bn assets, gaining £500m funds under management last month with the acquisition of national adviser Investors Planning Associates Ltd - it's eleventh deal since 2018.
rachel.mortimer@ft.com
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