National IFA group, Perspective Financial Group Ltd, says it has passed £2 billion funds under management following the recent acquisition of Oxfordshire-based IFA practice, McGrath Rathbone.

At £2.1 billion, funds under management have risen 30% since December 2010, in which time the group has acquired three firms. Perspective expects to make several further acquisitions before the end of the year.

Damian Keeling, managing director of Perspective Financial Group Ltd, said: “Breaking through the £2 billion funds under management mark is another major milestone for Perspective and to have achieved this in a relatively short space of time is a considerable achievement for us.