Tilney Investment Management now has its full intermediary sales team in place. The new team is to b...
Tilney Investment Management now has its full intermediary sales team in place.
The new team is to be headed by David Gurr, who has 20 years experience of intermediary sales both in the UK and Europe. Most of this was through the AXA Group of Companies and Old Mutual International. In both cases he was IFA sales director for Europe.
The team consists of Simon Brennan covering Scotland, Mark Ewer in the North West, while Philip Mitchell and Brian Boyd have responsibility for intermediary links in the Midlands and Ian Wilkins for London.
All have been recruited by Tilney within the past six months. Gurr said Tilney is looking to provide a bespoke service in conjunction with intermediaries for clients with portfolios of £100,000 and above.
He said: "IFA clients are expecting and demanding greater input from them on investment matters. Tilney is looking to work with the IFAs to add value, by enhancing the service and building new business acquisition capability.
"This strategy aims to diversify the new business that comes into the quality end of the IFA market."
Tilney will charge an annual management fee of 1.3% on the first £500,000, 0.9% on £500,000 to £1m and 0.7% thereafter. The IFA will receive 0.5% trail commission.
Contact 0121 627 6267
Targeting intermediary market
Represents £8trn in assets
Simplify and modernise
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