Ascot Lloyd and Bellpenny become IFA under 'Ascot Lloyd' brand

'Following adviser and client demand'

Julian Marr
clock • 1 min read

Ascot Lloyd Financial Services and Bellpenny have become a single, fully independent financial advisory company under the unified brand of 'Ascot Lloyd'.

The move follows the merger of the two companies in July 2017, with Bellpenny and Ascot Lloyd providing restricted and independent advice respectively. The two companies will now operate wholly as an IFA under the Ascot Lloyd name, following "strong demand from both advisers and clients". Ascot Lloyd CEO Nigel Stockton said: "This change will enable the business to provide a broader product set and reflects the group's ambitious growth strategy as one of the largest independent wealth managers in the UK." He added: "The merger of Ascot Lloyd and Bellpenny in 2017 has already proven...

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 Companies

How Söderberg aims to dominate the crowded UK platform market

How Söderberg aims to dominate the crowded UK platform market

‘We see ourselves integrating well into the financial services tech stack’

Isabel Baxter
clock 29 April 2024 • 3 min read
Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Hoxton Capital AUM tops £1.3bn with double IFA acquisition

Dudley and Guildford-based IFAs purchased

Isabel Baxter
clock 17 April 2024 • 1 min read
Tatton sees AUM reach £17.6bn as advice firm numbers grow

Tatton sees AUM reach £17.6bn as advice firm numbers grow

Discretionary fund manager records net flow increase of 28% to £2.3bn

Isabel Baxter
clock 16 April 2024 • 2 min read