U.S.-based private equity firm Charlesbank Capital Partners has made an investment in Perspective Financial Group Ltd.

Founded in 2008, Perspective is an independent financial adviser (IFA) firm with approximately £8.0 billion (about $10 billion) in assets under advice. The business has approximately 535 staff, including 145 financial planners, operating out of the group’s nearly 40 offices across the United Kingdom.

“Charlesbank shares our vision of delivering superior value and service for clients, and we are confident that our partnership will enable Perspective to add scale and resources that will result in greater opportunities for our employees, an overall reduction in the TERs paid by our clients, and an enhanced client experience,” comments Ian Wilkinson, CEO at Perspective.