Advice duo set up own firm after previous MBO fell through

Simon Fettroll and Mark Ventham founded Cesta Financial Planning

Isabel Baxter
clock • 5 min read

Financial advisers Simon Fettroll and Mark Ventham have recently set up their own firm Cesta Financial Planning after a management buyout (MBO) at their previous firm fell through.

Fettroll and Ventham received the regulatory green light to go ahead with setting up their own planning business - Cesta Financial Planning - earlier this year. At the time of the interview (24 March), Cesta Financial Planning had been running for four weeks. Both now founders and directors previously worked together at planning firm Templar Financial Planning with the intention of completing an MBO which fell through last year. "We both joined [Templar Financial Planning] with a view of carrying out a management buyout, which has taken up the last two-and-a-half years of our lives...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Companies

M&G shuffles board as Clare Thompson steps down

M&G shuffles board as Clare Thompson steps down

Will depart following HY results

Patrick Brusnahan
clock 24 June 2026 • 2 min read
West Country firms achieve CISI chartered status

West Country firms achieve CISI chartered status

Dean Stevens WM and William Highbourne WM

Jenna Brown
clock 19 June 2026 • 2 min read
Charles Stanley to drop 200-year-old name in Raymond James rebrand

Charles Stanley to drop 200-year-old name in Raymond James rebrand

Follows 2022 acqusition

clock 18 June 2026 • 2 min read