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Birmingham Post
Birmingham Post
Business
William Telford

Plymouth-founded Succession Wealth bought by Aviva in £385m deal

A wealth management business founded in Plymouth has been bought by insurance giant Aviva in a £385m deal.

Succession Wealth was started in Plymouth in 2008 by founders Paul Morrish and the late Simon Chamberlain, and went on to become the UK’s largest independent wealth management and financial planning business.

Although it shifted its national HQ from Britain’s Ocean City to Birmingham in 2019 it retained its offices in the three-storey Drake building at Plymouth Science Park, where about 75 people work.

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