Consolidation firm Bellpenny is looking to double its current £500m funds under management by the end of 2013. Nicola Brittain talks to CEO Kevin Ronaldson about his ambitious plans.
Q What interested you about the consolidation market? I saw opportunities with the Retail Distribution Review (RDR) and am passionate about face-to-face advice. I think clients deserve and have the right to receive high quality advice. I thought that working in the consolidation market would help to deliver this at an affordable level, because of economies of scale. Our business model is simple, we are looking to purchase and acquire IFA funds and funds under management. Q How is the business run? We are a ‘national’ which means all our 16 financial planners are employed. We run a ce...
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