Sesame MBO signals 'optimism for advice'

Following the initial stockmarket announcement this morning, Gale says there will be no change to either the company’s operations or the management team which has now been together for four years. (See earlier story for more information) But what this deal should do is reassure members the firm has a future, he suggests. “It signals we’re optimistic about the future of financial advice in the UK otherwise we wouldn’t invest in the business and gives [advisers] a strong sense of stability and continuity,” says Gale. “The management has been together for four years, so the members kno...