Succession Advisory Services, a specialist consolidation and capital creation vehicle for wealth management firms, has been granted authorisation by the Financial Services Authority (FSA). 

Simon Chamberlain, chief executive of Succession said:  “I’m delighted that we have been given authorisation by the FSA.  It is important to us to be absolutely transparent in all aspects of our business, which is why we have operated as a regulated company from day one.

“Succession is not client-facing, and it is our IFA and wealth management member firms that carry out regulated activity...