A financial adviser has been left in "total shock" after five colleagues left his company to form a new business, without, he claims, informing him of their plans.
Five advisers from Somerset-based Churchill Investments have left the business to form FiveWays Financial Planning. The quintet includes two former directors of Churchill - Chris Gilchrist and Stephen Poland - plus three other advisers, Jim Bloodworth, Jon Lawson and Ian Evans. That has left Jamie Ware as the sole remaining adviser at Churchill. "This has all come as a total shock to me," he said. "They established the business in December but didn't tell me they were leaving until 7 March." The five advisers each have a 20% equity stale in Weston Super Mare-based FiveWays. I...
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