In the second part of this triple-feature series, Claire Tyrrell explores how HFMC Wealth, a firm with 24 advisers and 11 paraplanners, caters for its 1,400 clients
The influence of the global financial crisis on HFMC Wealth's centralised investment proposition (CIP) should hold the adviser firm's clients in good stead in a variety of market conditions, the firm's investment manager James Tuson says. Tuson joined HFMC in 2007 when the IFA wanted to develop its investment arm. "The company shifted to really try and get more of a fee-based model, whereas [before that] the industry was more commission-based," he explains. "Back in 2007-08 they wanted to build a core investment proposition, which would cater to a large number of clients." He and...
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