Chase de Vere gaining broader distribution

Chase de Vere said it will remain an autonomous organisation, following its purchase for £110m by the Bristol & West Building Society, a subsidiary of the Bank of Ireland. Graham Hooper, investment director at Chase de Vere, said the takeover indicated the importance being placed on the independent financial advice market. He said: "The Bank of Ireland has earmarked advice as a key part of the market and sees future growth in the area." Hooper said the takeover is positive for the company, and will allow Chase to expand its client base via Bristol & West's 131 branches which are spread...