Vestra looking to expand discretionary services to IFA

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Vestra Wealth is looking to target the IFA market as more advisers outsource their investment decisions post-RDR.

The firm, which has £2bn assets under management, has hired Roy Thompson as its new business development director to focus on meeting the increasing demand for its services from IFAs. Thompson joins from Catley Lakeman Securities, where he was a member of the business development team, and has previously been a key account director at AXA where he worked for 18 years. Tony Allan, head of IFA business development at Vestra Wealth, says: "We have seen an increased demand from IFAs looking to Vestra for assistance in managing their clients over the past year, so expanding our Business De...

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