An independent financial practice has been bought by listed giant Aviva for £385 million.
Succession Wealth, which is headquartered in Birmingham city centre, offers wealth management and advisory services such as pensions and retirement planning, employing 200 planners and serving 19,000 UK clients.
Aviva, which sells financial products such as insurance, investments and savings, said the deal would significantly enhance its presence in the fast-growing UK wealth market as more people sought advice for their retirement and savings options.
