IFA consolidation business Succession Advisory Services has hired former Bluefin wealth manager developer Geoff Matthews as business development director.
He will work with practice principals and senior advisers of Succession's member firms to support and develop their transition plans.
Geoff joins from Bluefin to whom he and Succession Ian Shipway sold their business Hayward Chambers in 2003, when Bluefin traded as Thinc.
"Geoff's industry insight and personal experience of applying a new way of doing business across an entire operation means he is ideally qualified to support our goal of transitioning member businesses to embrace a new operational framework to maximise business value," Succession chief executive Simon Chamberlain says.
Geoff Matthews adds: "2010 creates a real crossroads with advice firms forced to choose whether to remain or exit the market.
"[Succession] recognises the challenge and have invested significantly in developing a customer value model and outsourced investment programme that demonstrates their commitment to reshaping the dynamics of financial services distribution."
Succession, launched in May last year, specialises in consolidation and capital creation for IFA firms.
Paul Bruns and Elaine Parkes
3,000 left to transfer
Record numbers of people aged 90 plus
From 3 to 10 October