Park Row now talking with Personal Touch and Tenet

clock

Park Row is in talks with Personal Touch and Tenet Group over the possible transfer of its advisers.

Last week, the firm revealed talks with 2plan had broken down, while negotiations with Lighthouse have also ceased. Park Row says Personal Touch and Tenet Group will be presenting their propositions to groups of Park Row advisers in a series of roadshows. The network is seeking an orderly transfer of its 240 advisers as part of a winding down of operations, after parent company Royal Liver chose to cut its distribution activities to focus on product manufacturing. Park Row had been in talks with 2plan Wealth Management for several weeks, but last Friday revealed negotiations had br...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advice firms need to adopt 'operational excellence'

Advice firms need to adopt 'operational excellence'

‘Operations roles are critical to driving business success’

Isabel Baxter
clock 16 May 2024 • 2 min read
'Finfluencers' face FCA legal action over trading scheme

'Finfluencers' face FCA legal action over trading scheme

FCA targets social media scam, nine people face legal action

Sahar Nazir
clock 16 May 2024 • 1 min read
Advisers must tackle client behavioural bias for good outcomes

Advisers must tackle client behavioural bias for good outcomes

Mitigating behavioural biases builds trust with clients

Jenna Brown
clock 16 May 2024 • 1 min read