Perspective Financial Group, the national financial advisory group, has today announced its second acquisition of 2012 with the purchase of advisory practice, Financial Connection.

As part of the purchase the Oxted, Surrey-based firm will change its name to Financial Connection Wealth Management Ltd. Financial Connection Wealth Management Ltd will continue to be managed by Jackie Lee-Lis. Jackie is the only registered individual within the business. The firm has funds under management of £27 million and recurring income of £330k per annum.

Perspective Financial Group operates from 21 offices and employs over 220 people. The Group's annualised turnover is in excess of £23 million, with over £2 billion of assets under management.

Damian Keeling, managing director of Perspective Financial Group, commented: "With this purchase we welcome Financial Connection Wealth Management to the Perspective Group and make our second acquisition of the year. Financial Connection adds to our depth of proposition within the Home Counties and the South East.

"Financial Connection is a quality operation run by Jackie and she has built up a loyal client base and a reputation for service excellence. It is a significant acquisition for the Group.

"We continue to grow and develop through acquisition as well as by supporting our existing offices with all their business needs and ambitions. We fully expect to make more additions to the Perspective Group throughout 2012 and have a strong pipeline to achieve this."

Jackie Lee-Lis, owner/manager of Financial Connection Wealth Management Ltd, said: "This is a hugely significant moment for Financial Connection and it is very pleasing to be joining an advisory group with the financial strength and dedicated support of Perspective. I am very proud of the business we have grown here and feel now is the time to situate it within a structure which can help me take it to the next level.

"The challenges do not go away of course but with the help of the Perspective team I am looking forward to delivering ongoing quality and value to my client base and to being part of one of the industry's major success stories."