M&G Wealth Management's Montgomery: Our model is primed for future growth

'We feel we can continue to grow in the future'

Jenna Brown
clock • 3 min read

Jenna Brown talks to David Montgomery, managing director of newly formed M&G Wealth Management, about its shifting advice model and future growth strategies

M&G Wealth Management plans to triple the size of its self-employed adviser partnership business from its current roster of 70 and will transition its traditional Prudential Financial Planning (PFP) operation to a digital offering as part of its push into the wealth management space. M&G Wealth Management - launched on 30 September - is the new division in which both advice businesses and the Ascentric platform sit. Prudential Financial Planning currently employs 350 intermediaries while the firm's newer self-employed model The Advice Partnership (TAP) has 70 on its books. Managing...

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

Foster Denovo taps into digital advice amid increased demand

Foster Denovo taps into digital advice amid increased demand

Most believe personalised digital financial advice will become the norm

Isabel Baxter
clock 13 June 2025 • 2 min read
PFS/CII turbulence: 'There might be a role for a class action lawsuit'

PFS/CII turbulence: 'There might be a role for a class action lawsuit'

Alasdair Walker talks to PA about the PFS’ ‘slow death’

Isabel Baxter
clock 12 June 2025 • 7 min read
Nine Wealth Management attains CISI Chartered status

Nine Wealth Management attains CISI Chartered status

‘Demonstrates commitment to highest levels of professionalism’

Jenna Brown
clock 12 June 2025 • 1 min read